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News
- Financial institutions are renting or even buying
whole office blocks to acquire the right to name them and hence polish
their image up
- According to the 2011 Xinhua-Dow Jones International Financial Centers Development Index, Shanghai rose two places to rank as the world’s sixth financial center. Shanghai’s ranking,
in particular, mirrored the city’s progress and ambition in building a global financial center.
- After end of world Expo the South Bund area is expected to be a new core office submarket
- Shanghai Grad A office market was driven by increased demand and a positive market sentiment
- Foreign companies continued to take up spaces for expansion which lead to a fall of vacancy
rates and an increase in effective rents across all areas
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