DTZ: Overall industrial rents up 2.5% in Shanghai in 2Q15 and up 5.7% y-o-y
According to DTZ’s Property Times, rents across the entire industrial market in Shanghai grew by 2.5% in 2Q15. Rents are up 5.7% y-o-y. The growth has been driven by rising rents for R&D offices, which increased by 4.4% in 2Q15. Rents for warehouses and manufacturing facilities fell during the quarter. In the industrial sector, 100,000 square metres of new space became available in the Fengpu Industrial Park.
Source : July 2015/DTZ/Shanghai/IND