文档介绍：Property Times !
Beijing
Fourth quarter 2004 2004 !"
A quarterly overview of Beijing office market
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Contents
Market Review 1
!
Supply 1
Demand 2
Rents and Sale Prices 4
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Vacancy 5
Market Outlook 5
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Market Review !
From January to November 2004, the newly signed projects utilizing OMMQ N NN !"#$%&'()*+, NSPT
foreign capital was 1,637, a YoY growth of %. Actual use of foreign POKNB !"#$%& OTKQ ! QNKMB
investment reached US$ billion, a YoY growth of %.
OMMQ !"#$%&'()*+,-./0 QKQB OSKP
In the 4th quarter, average achievable rent saw a growth of % to L L !"#$ !" !"#$%&'
US$/ month/sqm (based floor area). NCI Tower located in !" !" !"#$%&'()*+,-. !
Jianguomenwai Avenue was the only grade A office pleted in !" TKS !" !"#$% MKV !"
the quarter. On the demand side, take-up dropped pared NOKRB
with the previous quarters, and recorded a level of 76,000 sqm. The
average vacancy dropped by percent to %.
OMMQ !"#$%&'()*+,-'./01 !"#
Supply !"#$%&'()I !"#$%&'()*+ POP
NCI Tower pleted at the end of December 2004, bringing the !
total Grade A office stock in Beijing to million sqm and partly relieving
the shortage of new supply around CBD.
1
Chart 1 Beijing Grade A Office Supply
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