Grade-A Warehouse for Lease at WGQ Bonded Logistics Park
Location: Shanghai
Type: Warehouse
Area: 7800-9800 Sqm
Factory for Lease in Guangdong Zhaoqing Hi-Tech Industrial Zone
Location: Guangdong
Type: Factory
Area: 4500 Sqm
Over the past six months, office rental rates for “A” grade space in Shanghai have fallen on average at least 30% to around 7.5 RMB per sqm per day, while vacancy rates have risen to more than 15% by the end of September. While all of this may be bad news for property developers, it presents an excellent opportunity for occupiers to bring down their rental costs by renegotiating their leases. Read more>>
Another new area of opportunity in China was opened in August this year when Hengqin Island was approved by the central government as a new economic district. This new economic district status puts this island in Guangdong province under the spotlight as the third such new area to be granted special economic freedoms by the State Council after Pudong in Shanghai and Binhai in Tianjin. Read more>>