Where do real estate and infrastructure occupiers lease office space in Shenzhen?

Most cluster in Futian CBD. Rent runs ~290 CNY/sqft ($45 USD) for trophy and prime stock.

What fit-out spec do real estate and infrastructure occupiers run in Shenzhen?

Typically high-end at $3400–5000/sqft.

How much office space per seat should a real estate and infrastructure occupier plan in Shenzhen?

Plan ~215 sqft per seat blended. A 100-person team typically takes 21,500 sqft.

What NAICS codes describe the real estate and infrastructure vertical?

Representative NAICS 2022 codes: 531, 237.

What is the talent index in Shenzhen?

88/100. Use the city profile for full detail.

Real estate and infrastructure occupiers in Shenzhen typically cluster in Futian CBD, plan ~215 sqft per seat at high-end fit-out ($3400–5000/sqft), and pay around 290 CNY/sqft ($45 USD) on Class A.

Preferred submarket: Futian CBD.
Typical fit-out spec: High-end ($3400–5000/sqft).
Plan ~215 sqft per seat for headcount sizing.
Class A rent context: 290 CNY/sqft ($45 USD).
Typical lease: 5 years with 10 months rent-free.
Talent depth in Shenzhen: 88/100.

Real estate and infrastructure office space in Shenzhen

Real estate and infrastructure occupiers in Shenzhen typically cluster in Futian CBD, plan ~215 sqft per seat at high-end fit-out">fit-out ($3400–5000/sqft), and pay around 290 CNY/sqft ($45 USD) on Class A.

TL;DR

Preferred submarket: Futian CBD.
Typical fit-out spec: High-end ($3400–5000/sqft).
Plan ~215 sqft per seat for headcount sizing.
Class A rent context: 290 CNY/sqft ($45 USD).
Typical lease: 5 years with 10 months rent-free.
Talent depth in Shenzhen: 88/100.

Where they cluster

Real estate and infrastructure occupiers in Shenzhen typically anchor in Futian CBD. Banking, insurance (Ping An), professional services, government, multinational HQs.

What they pay

Class A rent in Shenzhen runs 290 CNY/sqft ($45 USD) on a 5-year lease with 10 months free. Trophy submarkets command a 20–40% premium above the city index.

Spec and fit-out

Typical real estate and infrastructure fit-out targets high-end specification at $3400–5000/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.

Headcount sizing

Plan around 215 sqft per seat blended (workstation + circulation + amenity). A 100-headcount real estate office in Shenzhen typically targets 21,500 sqft of leasable area.

Talent angle

Sponsor and asset-management teams favor trophy CBD addresses with proximity to investment-banking and law-firm tenancy. Deep tech, hardware engineering, and consumer electronics talent. Strong feed from Shenzhen University, Southern University of Science and Technology, and proximity to Hong Kong universities. Mandarin and Cantonese operating environment.

Tax and lease context

Headline corporate tax: 25%. Net leases. 5-7 year terms standard. Free rent of 8-15 months and TI of CNY 1,000-2,000/sqm typical on a 5-year deal. Concession environment is rich.

Key facts

city	Shenzhen
industry	Real estate and infrastructure
naics	531, 237
preferredSubmarket	Futian CBD
preferredFitoutSpec	High-end
fitoutBand	$3400–5000/sqft
sqftPerSeat	215
classARentLocal	290 CNY/sqft/yr
classARentUsd	$45/sqft/yr
vacancyPct	24.8%
typicalLeaseYears	5
typicalRentFreeMonths	10
talentIndex	88
corporateTaxPct	25%

Frequently asked questions

Where do real estate and infrastructure occupiers lease office space in Shenzhen?: Most cluster in Futian CBD. Rent runs ~290 CNY/sqft ($45 USD) for trophy and prime stock.
What fit-out spec do real estate and infrastructure occupiers run in Shenzhen?: Typically high-end at $3400–5000/sqft.
How much office space per seat should a real estate and infrastructure occupier plan in Shenzhen?: Plan ~215 sqft per seat blended. A 100-person team typically takes 21,500 sqft.
What NAICS codes describe the real estate and infrastructure vertical?: Representative NAICS 2022 codes: 531, 237.
What is the talent index in Shenzhen?: 88/100. Use the city profile for full detail.

Editorial provenance

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

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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