Shanghai Figures Q2 2023
FIGURESTSIANGIIAITQ22023
CBRE
Occupierdemandcontinuestopickup;investment
dealsdominatedbyneweconomyassets
T.:l:1.(i1.k:kFgJl.c
Investment:AteLell2=trans9ctionsworu1aconbinedRMD14.03billicn1werecGmpleled122=23,9
+9.7%+23.5%+37.2% 1.16.1±7112,3.1R.ERralali -6-q y-t-d A-α-h
(1a1m.1n7.61yr*)Rent -C.9%g -C.9% -2.2°%:
VscancyRat +G.74 +0.74 +3.3
ExecutiveSummaryRatall 9-0-9 p-1-h A-o-h
–(Ix:u.JusIuuLxrdJI Rent -C.0145, -C.0145, -2.23:
pc:<:up1we*:h::ju:t:,wth:t:absalp:ixrirc:cirg1a0.41iqinC:llv:rcyrxi:by.7,:d]
L:IG.7dsd'esullurzv,cul'pl=lisl'>.F1all=u.TMTdird=us'lessselvicesdiwder*gr'd.
VacancyRate SuT"- -C.275 +0.4°s:
‒ Retail:Nrersropi1smgll3erecompl9tadthsqus"er:Citswdescen?decressedtyC.1-p3q-c-qto
Logistles y-t-d A-o-h
7.FlthnetabsorsticnIol1g12.878s7.r,Thear9cualracveryofs99ondarvIccaticrsnsJredcverelPLuysy'H-4u+lLFu1es1y-Euruls-u
Ront 1G.0*. 1C.64. +0.03
illiririti&kraelerinc.o'sxx:aic.ivc.
–VacancyRate +C.9% +5.1%5 +5.4%:
Lagistics:Taupajertsplic1gurbiled252223sk,I.ufspzetz11ursli29ri222C2SleyLy legsingaativity'nJinsrsn,QingtshScnjigrgpushedupnetat/crptiont1ia.8I8sq.m.PLsccntinued
BusingsPark 9-2-0 H-o-h
tdminatesas1ghlla9cornarsesemanjratounsed
–Runl -G.24 -G.24 11.15
BuslnessPark;.Jikr:1)filccParn,liiqo/ha(ycngR.islnrssPakKcnsKusirssPa*(:in(ingn.Iw.1:1xrplccdt:.nrr,Iringjirg164,407n71.:Frcnsup:y.rtrpthorf:ll49%:-o-I-p26774
VacancyRate +1.0%. +2.1%. +2.5%;
sem.Ceradwdsdivanbyiridusuislk'ufzeluiigTT,ardL-i-pallyspuμrwdeis.
–,,:Investment* 9--9 p-1-f A-a-f
Totalvnlume -21.96h -23.55h -3G.34:
aratcontni,odtohadem7atasbgina:nen:clentsdtrenscthonss7aresc*whchregstedgrsetF-crltst.Domestic RS 21.750 3.53t
..t-kerrch::2223 Tie;-i,JJ-%×-ty.()mlk11I-23.a",f.-,..-.
-UR:911N11122.23
Offirc
ThisquatsawthcompetioncfAlaFinancialCantrc,QiatanSun)CilyCNS).
Cuohua=inancialandCentre(T1).providingacombinedtotalof373.QoOsq.m.ofnew
spacotothcSanghaictticlcasingnarket.
Ver*-s.-
+0.7%α-0-q
Rμrlel'Vgl,*
0.9%g<-3
wtbsp:cr
180,/91sq.m
TIGJRC2SlagheiCIiceSuppy2neCemzne
Finencesectordrivesslightrecoveryinleasingdemend
1is.
DemandpickedupsutstantiallycverthecoursofQ22023.withnetatsorptionraching
18.491sq.m.repreaentinggrowthof370%.q-2-q.heRalhwayEstatlon,centuryAvonuand
Xujiehuisubmarketsoutperformedintermscfnetabsorption.Overallvacsncyrcseby0.7s
q-0~-018.7%as31usullcfwce1:lclions
Thetirnariceotheifi"aneiglservices,securities,tunds).TwT(ntsrnetservices)andousirisss
stervicesCleafims,adeuilising3steloustacrethemaincriversaflcas'nfidenandthistuunler.
Flexofficespaceprouderssignedseveralw!lzases,wileoccupiersinthetr=nsportatron
drdstorageidu:lie:alscdispleysdclkdleirlaricl.
8
.:
15℃
1.1le:p4:.
:33
FIGJPEaSlarghiziOr'i:Reritalnd:?
Overall=skingrents"ellby0.%g-o-gtoRvB272.6persc.n.p"mon:h.v.h'le=ffectiv=
rentsfellbyC.7%,n-3-qto3MF205.3persg.m.prrmonth.
5::3
"*r.Y*-"n(HHS)
Newsupplytostimulatafurtharimprovamantindemand
Apreraxirialev953.000st,m.ufnic:uficc5vpplyisschexluluuforcumplct'on5wrthenexl
sixmonchs,t=bulkcfwhichislocetedinHuamu.X_huihiversideancZl1=~ru.N=w!stock
villolshpvaca"cyintheseareas,puttingrerizsuriclerdovnvarcpressure.
3x(12035
2:J
Occupiersentimentis2xpectedtoimproveinH22023asm=croecc/n-omicindicatc'sare
mnjerclillstremainfavourasle:
103
:1
-
2.(.-
K:nilI*
:2323心DR=,YC.
-RINGIAI222
Rctail
nvy
VaraYEat.:
0.1%,-t
NaA.r.atia
10.578a.m
IGuR=4:Selecte:Leas*S
Reritsremainstableamiddearthofnewsupply
Le=singdemandstrengzhenedfurtherinO22c23c-thebackcftheDouble=iveShoppingF(slivilinMuyan)conlinudgurcwlninh;holicliyuton(umy.Duringhccuarlor:st:vcra
Nc:newsupplywgscompletedthlsquartercltva.lc:vacancyslightlydecreasedo.1-ppsq-o-
otve'yinrentsforpropcrliosinseconderylocolionstensured(verallavuujpeGiFshopoing
Mallrentastsbllse:datRMB!4.o)persJ.m.perclay.
kaymetricscfcc~sumptoninShenglhao_tperformcthes9meperlodcf2J79.
0.0%n-+.
Frapart? SubrrsKat Tersat Sector
Ini,p-fnx Fa&3
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i'lLu,1 Ho1g:(in Wnsio1dargi:li 1.ost:=
Glu=zlIIgrbur L=CWO"< =gsliu1
Grzr:Gal:wuy68 Ini,pfrix GTARJEWE_RY AaisaJeaceY
Glo.:lH:nxot Chvagfierng Gpr:k