2021 Shanghai Real Estate Market: Strong Demand Pushes Up Rents
Insights & recommendations
The Covid-influenced era of predictable unpredictability is ongoing. The overall market for commercial real estate is primarily driven by strong demand from the macro-economy recovery.
- For the office and business park sectors, we recommend occupiers relocating or expanding act proactively to secure long-tenancy space, locking in the currently low rents. Landlords should focus on pursuing promising industries, such as TMT, medical & health, and electric vehicles.
- For logistics, we recommend developers and investors focus on smart warehouses, digitalization, cost-effectiveness, and long-term sustainability as their priorities.