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Shenzhen MarketBeat Reports

Xiaoduan Zhang • 30/09/2026
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Q3 2026 Highlights

Office: Two Grade A office projects entered in Q3 as new supply slowed.

Retail: The general retail sector led store opening growth in the quarter.

Capital Markets: Next Capital Markets report will be available in Q4.

Learn more by clicking our most recent Shenzhen MarketBeat reports below.

CURRENT MARKETBEATS

Office Buildings CBD
Shenzhen Office MarketBeat

Two Grade A office projects totaling 90,000 sq m entered the Shenzhen market in Q3. Competitive rents and flexible lease terms at existing properties continued to attract occupier upgrades and relocations. The TMT sector led leasing demand with a 37.4% share of transacted area. Citywide vacancy fell to 28.3%, while average monthly rents softened to RMB142.2 per sq m.
 

Click here to download the report

Shopping Retail
Shenzhen Retail MarketBeat

Market activity sustained through Q3, with general retail taking a 48.6% share of new store openings, highlighted by fashion brands and AI-powered consumer electronics. In F&B, tea beverage brands and Japanese cuisine operators continued to expand. Citywide vacancy rose to 9.6% and average monthly rents eased to RMB682.5 per sq m amid recent supply pressures. Ahead, improved transport links and emerging district growth are expected to support footfall and demand.
 

Click here to download the report

Warehouse Internal Rack
Shenzhen Capital Markets MarketBeat

Next Capital Markets report will be available in Q4.

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