Guangzhou Grade A office rental demand growth retail property rent is stable
Recently, the Guangzhou Real Estate Market Review and Prospect of the First Taiping Divis, in the first half of 2021, Guangzhou has three new Grade A office buildings into the market. Among them, an item added in the second quarter, bringing a million square meters of crossing area for the market. As of the end of the season, Guangzhou Grade A office property market has risen to 10,000 square meters.
In the first half of the year, the Guangzhou Grade A office leasing market was active, and the net absorption volume of single seasons in the first two quarters totaled 10 million and 10,000 square meters.
Under the promotion of the sustained release of the leased demand in the first half of the year, as of the end of the second quarter, the vacancy rate of the Guangzhou Grade A office property market decreased by percentage points.
At the end of the season, the city’s rent index is micro-lowering, and the average rent records per square meter per month. Xie Jingyu, the first Taiping Davis Hua South District Market Research Department, said that the third quarter of 2021 is expected to enter the market in the third quarter, will bring a new supply of 10,000 square meters. Affected by this, the vacancy rate of the city’s A-level office vacancy rate is expected to rise slightly in the third quarter of 2021. In terms of retail properties, reports from Jones Diplings show that the food and clothing in the first half 上海闵行区419娱乐会所of this year are still the largest source of overall lease needs, and the new leasehold area is more than 50%. The individual quality project of the core business district is not reduced by retailer, and the rent level is stable. As of the second quarter, the vacancy rate of the city shopping center is%.
In the second quarter, Guangzhou has recorded a large high-quality retail property transaction, and the real estate investment trust fund acquired 32 billion yuan in the Sun New World Shopping Center in Zhujiang New Town. Zengli, Director of the Research Department of South China, South China, is expected that Guangzhou will usher in the three projects in the second half of the year, and the new supply area has a total of 240,000 square meters. Zengli 上海虹口油压 said that the overall vacancy rate in the second half of the year is limited, and the rent is still lacking in growth.