Leasing Transactions Continue To Grow As Economy Accelerates
Dear Valued Client,
In 2021 Q1, the economy picked up steam, contributing to a record-high net absorption in Guangzhou. We expect the net absorption in 2021 to climb to a four-year high as the TMT cluster in Pazhou spurs internet firms to set up offices nearby. We recommend landlords target large occupiers in the TMT and finance sectors to help attract related companies.