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Why is there an empty building in Shanghai Aifa New Town?

There are several reasons why the buildings in Shanghai Aifa New Town are vacant:

1. Market economic fluctuation: the demand for commercial housing is decreasing. Due to economic depression, industry adjustment or imbalance between supply and demand in the market, the demand for renting commercial housing by enterprises is decreasing, resulting in some floors being vacant.

2. The developer's operational strategy: The developer's strategic problems during the project operation caused some floors to be vacant.

The above are the reasons for the vacant real estate in Shanghai Aifa New Town, for reference only.