Beijing Office Market Report
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BEIJING<br />
Annual Supply, Absorption & Vacancy Trends<br />
Area ('000 sq.m.)<br />
1400<br />
1200<br />
1000<br />
800<br />
600<br />
400<br />
200<br />
0<br />
2009 2010 2011 2012 2013 2014 2015 2016 2017 H1<br />
2018<br />
Supply Absorption Vacancy<br />
25%<br />
20%<br />
15%<br />
10%<br />
5%<br />
0%<br />
Quarterly Average Rental & Vacancy Trends*<br />
RMB/sq.m./month<br />
384.0<br />
382.0<br />
380.0<br />
378.0<br />
376.0<br />
374.0<br />
372.0<br />
370.0<br />
368.0<br />
366.0<br />
364.0<br />
Q1 2017 Q2 2017 Q3 2017 Q4 2017 Q1 2018 Q2 2018<br />
8.0%<br />
7.0%<br />
6.0%<br />
5.0%<br />
4.0%<br />
3. 0%<br />
2.0%<br />
1.0%<br />
0.0%<br />
Rental<br />
Vacancy<br />
Sub-market Rentals Q2 2018<br />
Zhongguancun<br />
Wangjing<br />
Lufthansa<br />
East Second Ring<br />
AGV and Olympic Park<br />
East Chang'an Avenue<br />
Financial Street<br />
CBD<br />
0 100 200 300 400 500 600<br />
RMB/sq.m/month<br />
OFFICE MARKET 2018 10
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