文档介绍：Contents
01 Overview

01 Demand

02 Leasing

03 Sales and Investment
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05 Rental, Price and Vacancy
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05 Supply

06 Outlook

Overview
The overall grade A office market this quarter was more active !" !"#$%&'()* +,-./
than last quarter. Owing to strong and stable demand in the !"#$%&'()* !"#$% !"#
market, the vacancy rate continued to drop. The average rental, !"#$%&'()*+, !"#$%&
however, experienced a slight decrease. As for the investment !"#$%&'
market, the three en-bloc purchases in this quarter significantly
boosted the investment market.
Chart 1: DTZ Office Index
W= !"#$%&
Demand
Table 1: Take-up Distribution by District
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District Q3 2006 Q4 2006
( sq m) ! sq m)
CBD 36,324 94,174
Financial Street 32,301 180,756
Lufthansa 7,248 4,002
East Chang'an Avenue/Jianguomen ! / -3,326 9,451
Zhongguancun 81,480 57,530
East 2nd Ring Road 8,803 -8,013
01
Leasing
The developers depended more on pre-lease and pre-sales !"#$%&'($)*+ !""#$%&'(
when confronted with the petition in the market. This !" #$%& !"#$%&'()*+,
approach paid off well, as CBD International Mansion and The ! CBD !"#$%& C !"#$%&'(
Place Tower C had already achieved a pretty good rate of !"#$ !"#$ !" CBD !"#
occupancy soon after they entered the market this quarter. ! !" !"# !"#$%& CBD
Noticeably, there were also some entertainment corporations !"#$%&'()* !"#$%&
and recording corporations which moved into the CBD area. !"#$%&'()* !"## !"#$
The media industry is now on the rise in the CBD area. Having !"#$%&'()*+,-./0
said this, the mercial and finance industry also
continued to flourish. There is another mentionable phenom- !"#$%& !"#$%&'()*+,-./
enon occurring within the Zhongguancun market; that is with the !"#$%&'()*+,-./01 221 / /
improvement of mercial