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Greater China property market - 2013 yearly review & 2014 outlook

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Greater China property market - 2013 yearly review & 2014 outlook

Amid slower economic growth, firms remained cautious in controlling office leasing costs. Landlords in core business areas started to loosen negotiation conditions in order to retain branded firms. The average rent of Grade-A offices edged down 3.6% in 2013, but their prices increased 18.4%, dragging down yields.

Source : Knight Frank

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