From Nikkei Asia · · 30s
Shanghai leads global office vacancies as foreign investment retreats
Shanghai's office vacancies hit 24% as overseas firms pull back from China.
In brief
Shanghai's office vacancies hit 24% as overseas firms pull back from China. Shanghai now has the world's highest office vacancy rate at 24% due to declining overseas investment. Originally reported by Nikkei Asia.
Shanghai office vacancies
Shanghai now has the world's highest office vacancy rate at 24% as international tenants withdraw.
Overseas investment retreat
Foreign companies are backing off from investing in China as vacancy rates rise.
Vacancy rate impact
China's commercial capital faces rising office vacancies as overseas firms pull away.
The key point
Shanghai now has the world's highest office vacancy rate at 24% due to declining overseas investment.
