Energy and commodities occupiers in Shanghai typically cluster in Lujiazui (Pudong), plan ~240 sqft per seat at trophy fit-out ($220–330/sqft), and pay around 260 CNY/sqft ($40 USD) on Class A.

  • Preferred submarket: Lujiazui (Pudong).
  • Typical fit-out spec: Trophy ($220–330/sqft).
  • Plan ~240 sqft per seat for headcount sizing.
  • Class A rent context: 260 CNY/sqft ($40 USD).
  • Typical lease: 3 years with 8 months rent-free.
  • Talent depth in Shanghai: 76/100.

Energy and commodities office space in Shanghai

Energy and commodities occupiers in Shanghai typically cluster in Lujiazui (Pudong), plan ~240 sqft per seat at trophy fit-out">fit-out ($220–330/sqft), and pay around 260 CNY/sqft ($40 USD) on Class A.

TL;DR

  • Preferred submarket: Lujiazui (Pudong).
  • Typical fit-out spec: Trophy ($220–330/sqft).
  • Plan ~240 sqft per seat for headcount sizing.
  • Class A rent context: 260 CNY/sqft ($40 USD).
  • Typical lease: 3 years with 8 months rent-free.
  • Talent depth in Shanghai: 76/100.

Where they cluster

Energy and commodities occupiers in Shanghai typically anchor in Lujiazui (Pudong). International banks, asset managers, professional services.

What they pay

Class A rent in Shanghai runs 260 CNY/sqft ($40 USD) on a 3-year lease with 8 months free. Trophy submarkets command a 20–40% premium above the city index.

Spec and fit-out

Typical energy and commodities fit-out targets trophy specification at $220–330/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.

Headcount sizing

Plan around 240 sqft per seat blended (workstation + circulation + amenity). A 100-headcount energy office in Shanghai typically targets 24,000 sqft of leasable area.

Talent angle

Trading floors concentrate in CBD trophy product with redundant power and connectivity; engineering teams scale in suburban energy corridors. Mainland China's deepest financial-services and tech talent pool. Average all-in compensation indexes 76.

Tax and lease context

Headline corporate tax: 25%. Standard 3-year lease with renewal option. Rent gross of management fees but exclusive of utilities. Bank guarantee or rent deposit of 3-6 months standard. Reinstatement at lease-end is contractual.

Key facts

cityShanghai
industryEnergy and commodities
naics211, 212, 523130
preferredSubmarketLujiazui (Pudong)
preferredFitoutSpecTrophy
fitoutBand$220–330/sqft
sqftPerSeat240
classARentLocal260 CNY/sqft/yr
classARentUsd$40/sqft/yr
vacancyPct19.8%
typicalLeaseYears3
typicalRentFreeMonths8
talentIndex76
corporateTaxPct25%

Frequently asked questions

Where do energy and commodities occupiers lease office space in Shanghai?
Most cluster in Lujiazui (Pudong). Rent runs ~260 CNY/sqft ($40 USD) for trophy and prime stock.
What fit-out spec do energy and commodities occupiers run in Shanghai?
Typically trophy at $220–330/sqft.
How much office space per seat should a energy and commodities occupier plan in Shanghai?
Plan ~240 sqft per seat blended. A 100-person team typically takes 24,000 sqft.
What NAICS codes describe the energy and commodities vertical?
Representative NAICS 2022 codes: 211, 212, 523130.
What is the talent index in Shanghai?
76/100. Use the city profile for full detail.

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Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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