Dawan District commercial building rent is bullish

the Guangdong, Hong Kong and Macau Bay Area has the potential to become the world’s largest Bay Area economy in the last 20 to 30 years, and Hong Kong is the most worthwhile investment city.

Chen Jinping, head of research at CB Richard Ellis in Hong Kong, South China and Taiwan, said that Guangdong, Hong Kong and Macau’s Dawan District output accounts for about 12% of GDP or 12.48 trillion yuan, equivalent to the national GDP of Russia, Spain and Australia.

Industry port to be the leader

Compared with Tokyo, New York and San Francisco in the world’s three major Bay Areas, Guangdong, Hong Kong and Macau’s Dawan District accounted for a higher proportion of GDP in the New York Bay Area and 4.2% in San Francisco Bay Area, only in Tokyo Bay Area. 37.6%.

Hong Kong’s GDP is 2.6 trillion yuan, accounting for about 21% of Dawan District’s output. As the leader of Dawan District, Hong Kong will become a must for investment in Dawan District in line with Hong Kong’s laws, policies and capital liquidity. .

CB Richard Ellis expects that more than 50 million square feet of office space will be launched in Guangzhou and Shenzhen by 2023. Guangzhou’s Pazhou and Financial City will have 26.16 million square meters of floor space, Shenzhen’s Houhai and Qianhai. The 2,228,000 sq ft floor and the Kowloon East in Hong Kong are expected to be launched with a total of 2.69 million square meters. By then, Hong Kong enterprises will relocate and expand their business. It is expected that the rent of office buildings in Dawan District will continue to rise in the short term.