Hangzhou office vacancy rate rises to the highest point in history.

Data from Knight Frank shows that the vacancy rate of office buildings in Hangzhou increased to 27.7% in the second quarter, with an average rent of 114.4 yuan per square meter per month. In the Hangzhou office market, the demand from real estate companies and live streaming e-commerce industries is decreasing. A professional in the Hangzhou office market told a journalist from Interface News that compared to the peak period, the rental area for real estate companies has significantly decreased, and the rental demand for e-commerce office buildings has slightly decreased, but overall leasing performance is still acceptable.