Beijing's Skyscrapers Vacant as Property Bubble Looms: Video

Feb. 16 (Bloomberg) -- Bloomberg's Stephen Engle reports on China's booming real estate market. B...  More »

Feb. 16 (Bloomberg) -- Bloomberg's Stephen Engle reports on China's booming real estate market. Beijing’s office vacancy rate of 22.4 percent in the third quarter of last year was the ninth-highest of 103 markets tracked by CB Richard Ellis Group Inc., a real estate broker. Those figures don’t include many buildings about to open, such as the city’s tallest, the 6.6-billion yuan ($966 million) 74-story China World Tower 3. (Source: Bloomberg)  « Less