China - Commercial Real Estate

[behappyalways]

"Tsunami Of New Supply": China Slumping Office Rental Market Faces Historic Crisis
https://www.zerohedge.com/commodities/t ... ric-crisis

[winston]

China’s office market to see slow recovery in 2023 after slumping to 14-year low last year, as Beijing eases tech crackdown, analysts say

Several big firms have been adjusting their budgets and goals, which will lead to an expansion in businesses and workforce, resulting in an increase in demand and leasing volume, JLL executive says

Forecast comes after an almost 69 per cent decline in the overall net absorption volume for offices in 18 major Chinese cities last year

by Yulu Ao

Source: SCMP

https://www.scmp.com/business/china-bus ... eases-tech

[behappyalways]

The world's tallest unfinished building is in Tianjin.
The Japanese media directly hit the shutdown for 8 years without a solution!

世界最高爛尾樓在天津 日媒直擊停工8年無解! 專家唱衰中國房市"徹底滅絕的狀態"｜非凡財經新聞｜20230816

https://m.youtube.com/watch?v=QfQAn2Hbj1w