Research

Shenzhen Office Market Dynamics Q4 2024

Summary and analysis of Shenzhen's current office real estate market conditions.

March 06, 2025
Contributors:
  • Yulun Wang
  • Self-use demand dominates quarterly net absorption.

  • Companies moving to self-use buildings leads to a fall in vacancy rates. 

  • Rents continue to decline due to oversupply.

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