Primary and secondary office transactions in Shenzhen totaled 6,567 units in 1H 2026, up 103% YoY and the highest in six years, the Shenzhen Housing and Urban‑Rural Development Bureau said. Qianhai’s targeted support for cross‑border e‑commerce, tech

2026-07-13

Primary and secondary office transactions in Shenzhen totaled 6,567 units in 1H 2026, up 103% YoY and the highest in six years, the Shenzhen Housing and Urban‑Rural Development Bureau said. Qianhai’s targeted support for cross‑border e‑commerce, tech and Hong Kong‑funded firms have concentrated buyer demand. Leasing momentum carried into Q2 as AI and semiconductor tenants expanded, pushing citywide Grade‑A office vacancy rates down for a third consecutive quarter. Commercial apartment transactions also hit a five‑year high in 1H 2026 after January 2026 cuts to commercial property downpayments from 50% to 30%, which materially lowered the purchase threshold and lifted volumes.