文档介绍：Shanghai Office Market -Recent Market Developments and Outlook
Shanghai Office Market -
Recent Market Developments and Outlook
Jan 2010
Shanghai CBD Grade A office market
CBD Grade A Office Stock and Vacancy
Pressure on vacancy rate mitigated as some demand came back Shanghai CBD Grade A office market trend
143>.8%
* Stock figures adjusted. Not parable with previous periods.
*
3%
Premium Grade
Vacancy Rate
%
CBD Grade A Office Take-up and Rent
Fall in rent apparently stabilised Shanghai CBD Grade A office market trend
32%
RMB10/sq m/day
RMB m/day
CBD Grade A Office Take-up and Rent
Fall in rent apparently stabilised Shanghai CBD Grade A office market trend
CBD Grade A Office Rent by Grades
Premium Grade VS. Grade A office rent in Q4 2009
Avg. Rental
Change QoQ
Change YoY
Premium and Grade A Rental Gap
Significant narrowing in rental gap Rental gap between Premium Grade and Grade A offices
￥4
45%
￥
24%
Plaza 66 Tower 1&2
Park Place
Centre
Platinum
Corporate Avenue
Raffles City
AZIA Center
SWFC
HSBC Building (ifc I)
Premium Office Buildings
CBD Grade A Office* Stock and Rent by Q4 09
* Comprise Premium Grade and Grade A offices
Jing
’
an 531,454 sq m
Service Industry tenants
Xuhui 396,918 sq m
FMCG tenants
Changning 418,931 sq m
Manufacturing tenants
6
Zhuyuan
265,300 sq m
Financial Institution tenants
7
Unit: RMB/sq m/day
Lujiazui 1,300,155 sq m
Financial Institution tenants
1
Jing
’
Huangpu 272,918 sq m
Service/ Trade/ Financial
Institution tenants
4
Changning 418,931 sq m
Manufacturing tenants
Total Stock 3,473,873 sq m
3
￥
#
(225)
6
￥
#
(183)
5
￥
#
(216)
2
￥
#
(249)
4
￥
(234)
1
￥
#
(198)
7
￥
#
(158)
Luwan 288,197 sq m
Service Industry tenants
(Unit: RMB/sq m/ month)
CBD Grade A Office* Stock and Rent by Q4 09
* Comprise Premium Grade and Grade A offices
Jing
’
an 5