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SHENZHEN | 2020 | OFFICE : THE LAND EVOLUTION: SHENZHEN INDUSTRIAL OFFICE

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THE LAND EVOLUTION: SHENZHEN INDUSTRIAL OFFICE

Dear Valued Client,

Shenzhen, a city with a booming innovation economy and advanced manufacturing, has always placed strategic emphasis on the best utilization of its industrial land. As of 2020, there were nine million square metres of industrial office space in Shenzhen’s core area such as Nanshan,Futian and Luohu, and we expect another five million square metres (5.38 million square feet) of new industrial office supply to enter the market over the next five years (2021-2025). Under the government’s strategy and policy initiatives, industrial office is planned to be positioned as an economical and effective solution to upgrade Shenzhen’s manufacturing sector. We expect industrial office to continue to be a necessary complement to Shenzhen’s general office market, propelling the economy forward in 21st century.


SHENZHEN | 2020 | OFFICE : THE LAND EVOLUTION: SHENZHEN INDUSTRIAL OFFICE

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Alan Fung

Managing Director

Guangzhou

Alan Fung has joined Colliers International as Managing Director for South China. Alan is a seasoned real estate veteran, with more than 28 years’ experience in leasing, advisory and transaction services. Over his career, Alan has been responsible for providing professional services to numerous large scale projects in Hong Kong and Southern China, as well as helping domestic and multinational corporations address their property and investment needs. In addition to his duties as MD for South China, Alan will also oversee our South China Office Services business.

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