The selection of office space in Beijing is vast, and you can find business premises for rent easily irrespective of the type of your company. It should be noted that, according to the Chinese legislation, a company with certain types of licenses, for example, a permit for food products, must have a real office in China.
Many foreign entrepreneurs are interested in workspaces in Chaoyang, The Central Business District of Beijing. This is the most popular location with prestigious offices, namely the area of the third ring road between Lufthansa Center and China World Trade Center. Many commercial premises are being built in the Wangfujing shopping district, as well as on Financial Street, located near the western part of the second ring road to the north from Chang’an Avenue. In recent years, Financial Street has become an important economic and banking center of the country. Here, most of buildings are skyscrapers, and all interior spaces in them are made in minimalism or high-tech style. The headquarters and offices of more than 300 business institutions and the largest banks are concentrated here.
According to the recent data from Global Prime Office Occupancy Costs, Financial Street and Central Business District in Beijing rank respectively third and fourth for the most expensive office space rental in the world. Here, the monthly rent ranges from CNY 180 (USD 26) to CNY 250 (USD 36) for 1 sq.m per month depending on both location and status of the office building. If the cost of renting workspace in the world has increased by 3% on average, in Beijing it is marked up by 75% over the past three years. The rental rates here also depend on the floor area. Usually, available offices for lease may have an area from 30 sq.m to 1,800 sq.m and more, depending on the company’s needs.
The district also should be selected taking into account many characteristics that significantly affect the ways of conducting business, meeting both partners and suppliers, as well as performing business tasks. In Beijing, skyscrapers are built at a high pace, so 10-years-old edifices are considered outdated for prestigious office location. The window view also matters and significantly affects the rental price. A panorama of construction sites or narrow streets with slums is not good for a respected company. Features of office space may also vary in the same building. This factor is determined by the condition in which the previous tenant left the premises.View the best options of business premises for rent in Beijing on our website!