Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}

Shanghai MarketBeat Reports

Shaun Brodie • 27/09/2023
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Q3 2023 Highlights

Office: Four new project completions in Q3 added more than 336,000 sq m of prime office space.

Retail: Five new projects, all in non-core areas, launched in Q3 to add more than 310,000 sq m of quality retail space.

Capital Markets: The capital market growth rate slowed in Q3 with a cautious wait-and-see sentiment intensifying.

Learn more by clicking our most recent Shanghai MarketBeat reports below.


Office Buildings CBD
Shanghai Office MarketBeat

Four new project completions in Q3 added 336,088 sq m of prime space, taking total Grade A stock past 16 million sq m. Demand sustained in the quarter, with noted suburban market activity driving overall net absorption growth. Core submarket vacancy rose modestly to 13.8%, with the core average monthly rental level dropping to RMB282.3 per sq m.

Click here to download the report

Shopping Retail
Shanghai Retail MarketBeat

Five new projects, all in non-core areas, launched in Q3 with a combined 310,307 sq m of prime space. Continuing retail sales growth supported confidence, with expansion demand from fashion, F&B, lifestyle, entertainment and boutique supermarket sectors. Citywide prime mall vacancy fell to 9.3%, with core area prime rents falling back modestly q-o-q to RMB1881 per sq m.

Click here to download the report

Warehouse Internal Rack
Shanghai Capital Markets MarketBeat

The Shanghai capital market growth rate slowed in Q3 with a cautious wait-and-see sentiment intensifying. The quarter recorded 21 transactions, with total transaction volume at RMB16.2 billion (US$2.2 billion), a drop of 33% q-o-q and 33.6% y-o-y. Total transaction volume for the first three quarters of 2023 is now lower than in the same period in both 2021 and 2022. Residential apartment transactions ranked first in the market, with transaction volume of RMB5.6 billion (US$800 million) recorded, accounting for 34.9% of total transaction volume. 

Click here to download the report


Article • Sustainability / ESG

How can Life Cycle Analysis (LCA) help projects seeking LEED certification and ESG strategies?

Life Cycle Assessment (LCA) is used as a design tool to understand environmental impacts related to materials and transportation, maintenance and end-of-life.

Matheus Cardoso • 05/12/2023

​Five Fast Facts: Best Practices in Medical Office Building Operations​

From safety to cleanliness to technology, medical office buildings (MOBs) are held to a higher standard than traditional commercial office spaces. To protect the well-being of all patients, visitors and staff who enter, property managers and engineers must consider healthcare-specific operational requirements when managing an MOB.
Jennifer Seiler • 11/10/2022
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All