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Guangzhou MarketBeat Reports

Xiaoduan Zhang • 30/09/2026
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Q3 2026 Highlights

Office: Falling office market rents in Q3 prompted occupier upgrades and relocations.

Retail: The retail market saw a new supply surge in the quarter.

Capital Markets: Next Capital Markets report will be available in Q4.

Learn more by clicking our most recent Guangzhou MarketBeat reports below.

CURRENT MARKETBEATS

Office Buildings CBD
Guangzhou Office MarketBeat

No new supply entered the Grade A office market in Q3, with some project deliveries postponed. Falling rents encouraged occupiers to pursue upgrades and relocations, while the trade & retail, professional services and TMT sectors remained the core drivers of leasing demand. Citywide vacancy fell to 22.4%, while average monthly rents declined 3.1% q-o-q to RMB108.4 per sq m. A further 112,600 sq m of supply is scheduled by year-end.

Click here to download the report

Shopping Retail
Guangzhou Retail MarketBeat

Five new prime mall openings in Q3 added 554,232 sq m of space, the largest quarterly supply increase in recent years. F&B operators drove leasing demand, while technology brands accelerated expansion via experience-led store formats. The surge in new supply pushed citywide vacancy up to 9.9%, while average monthly rents eased 0.8% q-o-q to RMB617.7 per sq m. Further competition is expected as additional new projects enter the market. 

Click here to download the report

Warehouse Internal Rack
Guangzhou Capital Markets MarketBeat

Next Capital Markets report will be available in Q4.

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