Wall Street Still Hungry for China’s Choicest Office Addresses

  • Global financial firms looking past virus outbreak, says CBRE
  • Demand may ease high vacancy rates in cities such as Shanghai
The Shanghai Tower, center right, in the Lujiazui Financial District of Shanghai, China.Photographer: Qilai Shen/Bloomberg
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When JPMorgan Chase & Co. was casting around for new office space in Shanghai in late 2018, executives weren’t interested in just any building. It had to be one they could stamp their name on.