Guangzhou Shopping Plaza Vacancy Rate Rose Sharply

The research data released by Gao Li International revealed that by the second half of this year, a number of shopping plaza in Guangzhou will be concentrated into the market, and the expected supply will reach 928 thousand square meters.

Gao Li International expects that by the second half of this year, the vacancy rate of Guangzhou shopping centers will exceed 20%, and by 2011, the vacancy rate will rise to 28%.

In 2009, the figure was only 13%.

"The vacancy rate of shopping centres in Guangzhou in 2009 is most likely to be the lowest in recent years."

Gao Li, director of China International Retail Property Agency, said Lin Minghan, director of China.

With the approaching of the Asian Games, people in Guangzhou can feel that the city is changing quietly.

But the operation of a beautiful shopping mall and office building is likely to become a thorny problem for investors in the future.

But Gao Li International expects that no matter whether the shopping mall or office building is rentable, there will be a drop in the rent due to the increase in supply.