City's rent high, despite widespread vacancies
By Qiu Quanlin in Guangzhou | China Daily | Updated: 2012-04-12 08:02
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The central business district of Guangzhou in Guangdong province. A report indicated that the vacancy rate in prime office buildings in the city increased to 20.4 percent in the first quarter. Chen Xiaotie / for China Daily |
Prime office buildings in Guangzhou, the capital city of Guangdong province, have not been selling well and rent costs, despite the vacancy rate, remained high in the first quarter of the year.
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