Supported by government policies and infrastructure developments, the Greater Bay Area is positioned to become the world’s largest bay area economy.
The Guangdong-Hong Kong-Macau Greater Bay Area (GBA) consists of nine cities in Guangdong province including Shenzhen, Guangzhou, Foshan, Dongguan, Zhuhai, Zhongshan, Huizhou, Zhaoqing and Jiangmen, and the two Special Administrative Regions (SARs) of Hong Kong and Macau. This special report by CBRE Research explains how new policies and infrastructure are set to boost the GBA into the world’s largest bay area economy and create a wealth of opportunities across different property sectors. The growth of tertiary industry is expected to generate strong requirements for offices, while the rise in production and consumption will drive strong demand for logistics distribution and warehouse facilities. Population growth will provide support for retail and residential demand.