2025 Shanghai Office Tenant Profile

With industrial upgrading and the continued advancement of Shanghai’s “Five Centers” initiative, the tenant mix in the Grade A office market is undergoing ongoing structural change. Based on CBRE Research’s 2025 survey of 268 Grade A office projects and approximately 6,180 occupiers (totaling around 9.9 million sq. m.), and using a consistent framework to benchmark against 2022 and 2020 datasets, this analysis reviews occupier profiles across industry mix, space allocation, and building selection, providing a systematic view of existing tenants and the key trends shaping today’s market.