Real Estate

Henan Real Estate Information

Average rents for industrial manufacturing and warehouse facilities vary throughout Henan. In late 2009, average rent prices were around RMB 11 per square meter per month around the city of Zhengzhou, and between RMB 11 and RMB 15 per square meter, per month around the city of Luoyang. By 2011, the total average rent across Henan rose to RMB 22 per square meter per month. Utility costs for industrial purposes have rose in early 2011 due to power shortages across the nation. Manufacturing facilities throughout the past five years have been growing so quickly that China’s infrastructure is having difficulty supply the necessary resources to keep up with demand. In some cases, China has cut back hours so that electricity needs and water supply needs may be equally met. As China has struggled to meet electricity needs throughout the nation, the cost of electricity from 2010 to 2011 increased by RMB 0.012 per kilowatt hour ($0.004 per kwh). In Henan, the cost of water ranges from RMB 1.3 to RMB 3.0 per cubic meter. In 2009, the average electricity cost was between RMB .36 and RMB .47 per kilowatt-hour. In 2010 the average electricity cost increased by almost 36 percent from RMB 0.48 to RMB 0.55 per kilowatt-hour.

For more information, please view our Guide to Real Estate Prices in China and our Guide to Manufacturing Utility Costs in China.

Please click here for a list of Industrial Parks in Henan that are specially developed for foreign investments and often times offer special incentives and/or programs for foreign companies.

A Note on Industrial Parks: Most new and developing industrial parks in China conduct real estate deals in-house instead of using third-party brokerage services.

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CBRE Global real estate services firm with offices throughout China

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