Thought the U.S. Office Market Was Bad? Try China

Argentina Noticias Noticias

Thought the U.S. Office Market Was Bad? Try China
Argentina Últimas Noticias,Argentina Titulares

China is facing a more basic real-estate problem than the U.S.’s shift toward hybrid work: Developers simply built too much supply, and now the economy is too weak to absorb it.

World’s No. 2 economy has a huge oversupply of unneeded office space, in latest sign of country’s weak growth Nearly 24% of office-tower space in 18 major Chinese cities, including Beijing, was unoccupied as of June.

 

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Housing market: Home sellers taking losses while being called back to the officeHousing market: Home sellers taking losses while being called back to the officeThe onset of COVID-19 gave rise to remote work and a housing rush in the West. Those who bought homes thinking their situation would be permanent are now rethinking it.
Leer más »

| Another Day, Another Huge Off-Market Sale for Aspen’s High-End Home Market| Another Day, Another Huge Off-Market Sale for Aspen’s High-End Home MarketInterior designer Holly Hunt has sold her roughly 13,000-square-foot home about a mile from city limits for $70 million.
Leer más »

No escaping China's property market concernsNo escaping China's property market concernsChinese stocks in Hong Kong started the week on a lower note, with ongoing concerns about the property sector overshadowing optimism stemming from sig
Leer más »

China's Huawei set to re-enter mid-range 5G phone market -report By ReutersChina's Huawei set to re-enter mid-range 5G phone market -report By ReutersChina's Huawei set to re-enter mid-range 5G phone market -report
Leer más »



Render Time: 2025-01-10 07:08:47