DTZ: Total stock of grade A office space in Xiamen up to 470,000 square metres in 2Q15

According to DTZ’s Property Times, new supply of 45,000 square metres of grade A office space in the Lujiang Road sub-market in 2Q15 took the total stock in Xiamen to 470,000 square metres. Strong demand caused the vacancy rate to fall to 14.3% in 2Q15, although it is 43.5% in the small N/S Hubin Road sub-market. Demand has been boosted by financial firms taking space in the Free Trade Zone
Source : July 2015/DTZ/Xiamen/OFF