The Emergence of Shanghai’s Decentralised Office Market
Anthony Couse, Managing Director, Shanghai
Over the next two years, the Shanghai market will have a strong supply of decentralised grade-A office space to meet the increasing tenant demand for lower cost options just a stone’s throw away from the CBD. The emergence of decentralised Grade-A office space is a natural next step in the evolution of Shanghai’s maturing office market. Shanghai is the first city in mainland China to develop a clearly defined Decentralised Grade A market. It means Shanghai is following the same path of mature markets around the world, and a prime contender to be a top international city globally.