Compared to the period from 2014 to 2018, the average net absorption of grade A office space in Shenzhen was estimated to reach around 1.3 million square meters over the next five years. As an essential city in China's Greater Bay Area, Shenzhen is home of many of China's high-tech companies, attracting lots of start-ups there.
Five-year net absorption of grade A office space in China's Greater Bay Area from 2014 to 2023
(in 1,000 square meters)
Net absorption is the total new square footage leased minus the total square footage of tenants that no longer occupy their suites in a given time period.
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JLL. (August 16, 2019). Five-year net absorption of grade A office space in China's Greater Bay Area from 2014 to 2023 (in 1,000 square meters) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1042581/china-net-absorption-of-grade-a-office-space-in-greater-bay-area-by-city/
JLL. "Five-year net absorption of grade A office space in China's Greater Bay Area from 2014 to 2023 (in 1,000 square meters)." Chart. August 16, 2019. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1042581/china-net-absorption-of-grade-a-office-space-in-greater-bay-area-by-city/
JLL. (2019). Five-year net absorption of grade A office space in China's Greater Bay Area from 2014 to 2023 (in 1,000 square meters). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1042581/china-net-absorption-of-grade-a-office-space-in-greater-bay-area-by-city/
JLL. "Five-year Net Absorption of Grade A Office Space in China's Greater Bay Area from 2014 to 2023 (in 1,000 Square Meters)." Statista, Statista Inc., 16 Aug 2019, https://www.statista.com/statistics/1042581/china-net-absorption-of-grade-a-office-space-in-greater-bay-area-by-city/
JLL, Five-year net absorption of grade A office space in China's Greater Bay Area from 2014 to 2023 (in 1,000 square meters) Statista, https://www.statista.com/statistics/1042581/china-net-absorption-of-grade-a-office-space-in-greater-bay-area-by-city/ (last visited November 21, 2024)
Five-year net absorption of grade A office space in China's Greater Bay Area from 2014 to 2023 (in 1,000 square meters) [Graph], JLL, August 16, 2019. [Online]. Available: https://www.statista.com/statistics/1042581/china-net-absorption-of-grade-a-office-space-in-greater-bay-area-by-city/
