{
  "url": "https://classa.info/cities/shanghai",
  "title": "Shanghai Class A Office Market",
  "description": "Mainland China's deepest premium office market.",
  "oneSentenceAnswer": "Shanghai Class A office rents around ¥260/sqm/mo · ≈ $40.3 PSF/yr USD, with 19.8% vacancy and 8 months of typical rent-free on a 3-year term.",
  "tldr": [
    "Pudong / Lujiazui anchors international financial services.",
    "Puxi's Jing'an cluster anchors luxury and tech HQs.",
    "Class A vacancy 18-22% — tenant-favorable cycle.",
    "Concessions rich: 6-12 months free on a 3-year term.",
    "ESG (LEED / China Green Building) certification standard for new build."
  ],
  "keyFacts": {
    "city": "Shanghai",
    "country": "China",
    "region": "APAC",
    "classARentLocal": "¥260/sqm/mo · ≈ $40.3 PSF/yr USD",
    "classARentUsd": "$40.29022937782774/sqft/yr",
    "vacancyPct": "19.8%",
    "typicalLeaseYears": 3,
    "typicalRentFreeMonths": 8,
    "submarkets": 5,
    "corporateTaxPct": "25%",
    "talentIndex": 76
  },
  "faqs": [],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/shanghai), updated 2026-04-15T00:00:00.000Z."
}