The entry of foreign securities firms, fund houses and insures that have been allowed to set up directly controlled ventures in China will, on the other hand, boost office demand, according to JLL North China. Photo: EPA

Trade war could crimp demand for China’s office space by 3 million square metres as businesses downsize, CBRE says

  • Slowing economy, headwinds in financial and tech sectors, as well as new office supply could lead to decline in rents in 10 out of 17 cities
  • Hard to determine impact of trade war in 2018, but tariffs will have bigger affect this year
Topic |   China property

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The entry of foreign securities firms, fund houses and insures that have been allowed to set up directly controlled ventures in China will, on the other hand, boost office demand, according to JLL North China. Photo: EPA
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