Basel is struggling with a growing commercial vacancy rate
511,000 square meters of unused commercial space in the two Basel cantons mark an abrupt reversal of the trend. While the housing market continues to dry up, vacancies in retail, commercial, and warehouse spaces in particular are rising sharply, intensifying the pressure on property owners and locations.
Johnson Hung / Unsplash
511,000 square meters of unused commercial space in the two Basel cantons mark an abrupt reversal of the trend. While the housing market continues to dry up, vacancies in retail, commercial, and warehouse spaces in particular are rising sharply, intensifying the pressure on property owners and locations.
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