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China: signs of turnaround

Series: Financial Times ; 18 July 2000, 30(1)Publication details: 2000Subject(s): Summary: The commercial property market in Shanghai is showing signs of recovery. Prime rental prices have risen from a low of $10 in March to a current level of $15-$20. Despite this rise, agents have warned that about a million sq m of office space remains empty.

The commercial property market in Shanghai is showing signs of recovery. Prime rental prices have risen from a low of $10 in March to a current level of $15-$20. Despite this rise, agents have warned that about a million sq m of office space remains empty.