A report by TH Real Estate, ‘THINK: China’ notes that the total stock of office space in Shenzhen is due to overtake that of nearby Guangzhou in 2016. Office space in the Central Business District is expected to grow from 4 million square metres to 6.7 million square metres. The amount of space in Qianhai is expected to more than triple to 1.6 million square metres. This new supply means that the vacancy rates could rise to 25%, according to the report. Capital values have risen by less than rents in recent years, which is reflective of investor caution.

Source : August 2015/THRE/Shenzhen/OFF