Companies involved in the businesses of telecom, social media and technology are behind the strong demand for Grade-A offices and coworking spaces, according to Liang. Increased demand for flexible workspace from new businesses will see the co - workspace sector become a major force in the city of Guangzhou ’s commercial real estate market according to Cushman & Wakefield . Currently home to more than 40 large or mid - sized co - workspace companies located in Grade I offices , Guangzhou is expected to see more than 3.5 million sqe ft of new office space added over the next five years .
Increased demand for flexible workspace from new businesses will see the co - workspace sector become a major force in the city of Guangzhou ’s commercial real estate market according to Cushman & Wakefield . Currently home to more than 40 large or mid - sized co - workspace companies located in Grade I offices , Guangzhou is expected to see more than 3.5 million sqe ft of new office space added over the next five years .