文档介绍:Shanghai Market Overview
Office Sector
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CB Richard Ellis | Page 2
Q2 09-v-Q3 09 parison: Overall Market
New Supply Asking Rent Effective Rent
Total Stock (sm) Q-o-Q Change Q-o-Q ChangeVacancy Rate Q-o-Q Change (pts)
(sm) (RMB/sm/day) (RMB/sm/day)
Overall 8,229,126 212,990 -% -% %
h
c
r Breakdown by Grade
a
e Premium 1,017,671 82,000 -% -% %
s
Grade A 1,810,643 0 -% -% % -
e
Grade B 5,400,812 130,990 -% -% %
R
t
e Breakdown by Location
k
r Puxi 5,509,573 70,000 -% -% %
a
Pudong 2,719,553 142,990 -% -% %
M
Breakdown by District
Changning 1,247,275 0 -% -% % -
Huangpu 1,131,574 0 -% -% % -
Jing'an 951,433 0 -% -% % -
Lujiazui 1,809,767 82,000 -% -% %
Luwan 713,377 0 -% -% % -
Xuhui 881,650 0 -% -% % -
Zhuyuan 416,244 60,990 -% -% %
Overall market includes Premium, Grade A & Grade B supply – a total of 190buildings
Note: Effective rents take all incentives into account includingfit out periods, rent free periods and any fit out
contributions provided
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All rents assume a mid-zone whole floor Source: CBRE ReseaSourcrch e(:W CeBiRghE tReeds eaAvrcehr a(Wge)eighted Average)
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CB Richard Ellis | Page 3
Q3 2009: From Primary Core Areas to Business Parks
Business Parks trade at a:
61% discount to Primary Areas
h 45% discount to Secondary Areas
c
r Asking Rent: RMB
a
Secondary areas trade at a: Effective Rent: RMB
e 28% discount to Primary Areas
s Vacancy Rate: %
83% premium over Business Parks
e
R
Asking Rent: RMB
t Effective Rent: RMB
e Primary Areas trade at a:
k Vacancy Rate: %
r 39% premium over Secondary Areas
a 156% premium over Business P