According to DTZ’s Property Times, the vacancy rate in Shenzhen’s industrial market remained low through 2Q15. For factories, the vacancy rate was 3% in the Inner Zone and 5% in the Outer Zone. For R&D properties, the corresponding figures were 7% and 9%. Some factories in the older parts of Shenzhen have been redeveloped as retail and office space.

Source : July 2015/DTZ/Shenzhen/IND