Back to News
Brilliant Langfang Industrial Park Ph2 Commenced
Company News22 Sep 2023

Brilliant Langfang Industrial Park Ph2 has officially started construction in September 2023. The project is located in Anci High-tech Development Zone, Langfang City, Hebei Province. The Ph2 project, adjacent to the first phase of the project, is also a double-storey ramp-up warehouse with a total leasable area of 154,668 m2. Because of the three-year pandemic, the vacancy rate in Langfang is high, and the stock digestion still takes time. However, the high-standard warehouse stock in Beijing is relatively smal and the land supply is tight, which pushes up the average rental level. Langfang, as the border city between Hebei and Beijing, will be the first station to undertake the spillover demand from Beijing in the future.