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Beijing MarketBeat Reports

Sabrina Wei • 30/12/2024
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Q4 2024 Highlights

Office: Office market net absorption was boosted in Q4 amid softer rental levels.

Retail: Further new retail supply in Q4 emphasized suburban areas and urban renewal and upgrading.

Capital Markets: Next report will be available soon.
 

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

CURRENT MARKETBEATS

Office Buildings CBD
Beijing Office MarketBeat

Occupiers continued to prioritize cost controls and efficiencies in Q4, with the TMT, professional services, and finance sectors dominating leasing demand. Quarterly net absorption of 105,513 sq m saw full-year 2024 absorption surpass the 2023 and 2022 performance. Overall Grade A vacancy recorded 18.3%. The overall average rental level continued to slide, down 8.0% q-o-q to RMB244.8 per sq m per month.

Click here to download the report

Shopping Retail
Beijing Retail MarketBeat

Five new quality retail entrants brought a year-end supply peak in Q4, pushing citywide total mall stock to 16.3 million sq m. High-end fashion, and F&B brands led new store openings in the quarter. Further upgrading and new supply is scheduled through 2025, predominantly large new suburban centers together with urban renewal projects.  
 
 

Click here to download the report

Warehouse Internal Rack
Beijing Capital Markets MarketBeat

Next Capital Markets report will be available soon.
 

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