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Beijing MarketBeat Reports

Sabrina Wei • 28/03/2025
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Q1 2025 Highlights

Office: Tenant-favorable conditions bolstered office market net absorption in Q1.

Retail: New supply reiterated the role of urban renewal and upgrading in the retail market.

Capital Markets: Next Capital Markets report will be available in Q2.
 

Learn more by clicking on our most recent Beijing MarketBeat reports below.

CURRENT MARKETBEATS

Office Buildings CBD
Beijing Office MarketBeat

Landlords continued to implement strategies to drive occupancy in Q1, with the favorable market prompting occupier upgrades and expansion, although renewal transaction were prevalent. The TMT, finance, and professional services sectors were most active. Quarterly net absorption reached 154,073 sq m. Overall Grade A vacancy fell to 17.2%, with the overall average monthly rental level dropping 7.2% q-o-q to RMB227.2 per sq m.
 

Click here to download the report

Shopping Retail
Beijing Retail MarketBeat

Urban renewal underscored its role as a driver of prime retail supply in Q1, comprising two of three new entrants and bringing uplifts in layout and brand mixes. First store openings also continued to spur consumer momentum, with high-end F&B and cultural entertainment brands active. Further supply in 2025 will stem from large suburban, urban renewal, and integrated commercial projects
 

Click here to download the report

Warehouse Internal Rack
Beijing Capital Markets MarketBeat

Next Capital Markets report will be available in Q2.
 

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