International demand jacks up retail rents in Shanghai
By Wang Ying | China Daily | Updated: 2010-07-13 07:56
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An employee sets up model of a real estate project at an exhibition in Hangzhou, Zhejiang province. Liang Zhen / For China Daily |
SHANGHAI - Heated demand from international retailers jacked up the city's retail rents by 6.8 percent in the second quarter from a year earlier, and demand for prime retail space will remain robust particularly with the boost from the ongoing Expo, said analysts.
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