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How is the office market in Shanghai now?
According to the data of the office market in the third quarter of 20 16, the Shanghai office market can be summarized as follows:
1. The increase in the net absorption of non-central business districts makes up for the slowdown in the net absorption of central business districts.
2. Weakening demand and new supply into the market led to an increase in the vacancy rate of Puxi CBD.
3. The rent of Pudong Central Business District remained stable, while that of Puxi Central Business District declined.
4. Sales-oriented office buildings: Strong demand continues to push up market turnover.
The above data @ Jones Lang LaSalle 20 16 Review of Shanghai real estate market in the third quarter. For complete information, please see the website news.
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