China's Office Landlord Rescue Package: A Lifeline for a Struggling Market?
China's office market has been in turmoil since 2020, with vacancy rates skyrocketing and rents plummeting due to factors such as oversupply, COVID 19 lockdowns, and economic downturn.
To stabilize the market and provide relief to struggling landlords, the Chinese government unveiled a comprehensive rescue package aimed at boosting demand, reducing supply, and injecting liquidity into the sector.