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GUANGZHOU | 2020 Q1 | OFFICE:OPPORTUNITIES FOR TENANTS IN LIGHT OF WEAKER DEMAND FOLLOWING COVID-19

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Guangzhou Office 20200413 02

OPPORTUNITIES FOR TENANTS IN LIGHT OF WEAKER DEMAND FOLLOWING COVID-19

Dear Valued Client

The effects of the virus outbreak have yet to be fully-reflected in the market. We expect overall rents to edge downward in response to rising vacancy rates in Q2 and the net absorption will pick up in H2 2020, assuming that the COVID-19 will be under control by H1. We recommend landlords provide more flexibility on lease terms to attract and retain tenants.

Guangzhou Office 20200413 01

GUANGZHOU | 2020 Q1 | OFFICE:OPPORTUNITIES FOR TENANTS IN LIGHT OF WEAKER DEMAND FOLLOWING COVID-19

Download Report