Property News · May 3, 2026

Shenzhen office market gains steam on tech and services demand, but vacancies remain high


Technology firms are increasingly gravitating towards premium office space in Shenzhen’s core business districts, offering a degree of support to the city’s office market. However, vacancies are expected to remain elevated in the near term as a wave of new supply continues to outpace demand, analysts said.
The city’s technology sector – spanning artificial intelligence, consumer electronics and robotics – remained a key driver of leasing activity, particularly in western submarkets such as…

Source : South China Morning Post
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