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Shanghai MarketBeat Reports

Shaun Brodie • 27/06/2024
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Q2 2024 Highlights

Office: Four new Grade A office projects entered the market in Q2, with citywide net absorption picking up.

Retail: Total prime retail stock expanded in Q2 with ten mid- to high-end retail properties entering the market.

Capital Markets: Q2 2024 report available soon.

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

CURRENT MARKETBEATS

Office Buildings CBD
Shanghai Office MarketBeat

Four new Grade A office projects entered the market in Q2, adding a combined 240,611 sq m of new space to total stock. Citywide net absorption picked up in the quarter to record 263,226 sq m. In emerging districts vacancy fell to 28.08%, and core area vacancy rose slightly to 15.79%. The core area average monthly rental level softened further to RMB268.8 per sq m.
 

Click here to download the report

Shopping Retail
Shanghai Retail MarketBeat

Total prime retail stock expanded in Q2 with ten mid- to high-end retail properties entering the market. Expansion activity continued, highlighted by first-store and flagship store introductions, with F&B, lifestyle, entertainment, fashion, 3C and smart home experience brands to the fore.  Citywide prime mall vacancy dropped to 9.3%. Core area prime rents softened slightly q-o-q to RMB1,880 per sq m. 
 

Click here to download the report

Warehouse Internal Rack
Shanghai Capital Markets MarketBeat

Q2 2024 report available soon.

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