DTZ: Warehouse rents in Shenzhen up 4% in 2Q15

TrendTracker_2

According to DTZ’s Property Times, warehouse rents in Shenzhen rose by 4% in 2Q15 to CNY43.9 per square metre per month. At the end of June, total warehouse space in the city amounted to just over 800,000 square metres. Demand for space has been boosted by the general growth in the logistics industry and, in particular, by official policies that support the development of e-commerce.

Source : July 2015/DTZ/Shenzhen/IND

Disclaimer
'All articles and information are based on publicly available data from identified and defined sources. The sources include leading consultancies, think tanks, official statistics offices, trade associations, real estate companies and work of third parties. The data, information, suggestion and articles are not a recommendation for any action. We accept no liability for any loss resulting from decision that is based on an article. We accept no responsibility for any errors and omissions in any published article or work.'