Summary

Shopping mall emerged in Shenzhen just several years ago, and the market is still far from mature. Undoubtedly, the sharp increase in both number and size is breaking the original ecology of Shenzhen's retail property market. While this new form of retail property brings vitality to the market, it also incurs some risks.

In this report, we attempt to carry out a comprehensive study on the historical evolution, existing features, development trends and major problems of the Shenzhen shopping mall market. The whole report consists of six sections. From the current market status, the major characteristics of shopping mall development in Shenzhen can be summarized as follows:

		“Shopping Mall” is almost becoming a synonym for Shenzhen's commercial property development.
		Shopping mall development is mainly concentrated in the inner-SEZ area and starts to move westward.
		“Non-shopping” functions are playing a more and more important role in shopping malls.
		Shopping mall development is entering into an era of diversified styles.
		Leasing rather than selling out becomes a major trend in shopping mall operation.
		There is a sign that foreign capitals may increasingly get involved in Shenzhen's shopping mall investment.
		Shopping malls of district-level significance will become the mainstream in the future.