Beijing commercial office market vacancy rate rose into a period of adjustment to bid farewell to "make money" why?
Beijing commercial office market has also ushered in a new round of adjustment, business operation platform to rent the third quarter of 2018 released "business data report" shows, Beijing commercial office market vacancy rate of growth in the third quarter, the cumulative supply reached 11 million 910 thousand square meters, an increase of 39%, commercial office market has bid farewell to "make money" era.
Data for photo: Zhang Yujun
The report shows that the third quarter of 2018, due to land acquisition costs and the increase in real estate investment growth is relatively stable, the office market investment growth fell to 11%, the completion area decreased by 14%, the "incremental market" negative growth. Especially in Beijing, Shanghai, Guangzhou and Shenzhen four first-tier cities, by the rent increase and new supply of the superposition effects of a third quarter cumulative year-on-year growth in general rent area of 50%, the overall vacancy rate increased.
Specific to Beijing, the report shows, 2018 third quarter business total supply reached 1191 million square meters, a quarter rose 39%, an 2017 third quarter rose 57%. In the lease transaction, the third quarter of 2018 to do the cumulative volume of only 4 million 640 thousand square meters, the second quarter fell 15% year-on-year decline in the third quarter of 2017 reached 27%.
"Although the 7, 8 month volume shrink significantly, but the quarter office rental prices or basic stability, the chain is only a slight decrease of 0.13%." Good for director of data research center Kuang Jianfeng introduced Beijing's industrial agglomeration and the "multi center" pattern is the most obvious, 1191 million square meters of total rentable area concentrated in CBD, Yizhuang Development Zone, Fengtai science and Technology Park and Wangjing. From the customer perspective, the Internet industry developed on office demand high, culture, trade, service industry demand is relatively concentrated, the main area of demand and rental demand concentrated in 300 square meters and 3 yuan / m2 / day to 6 yuan / m2 / day.
"Beijing commercial office market has entered a new round of adjustment." Kuang Jianfeng pointed out that Beijing new restriction industry as well as the promulgation of the government led part of the industry along with the eastward migration, a short period of time or high vacancy rate and the new city center, Eastern District will be in the industrial restructuring in the increasingly mature, the rent is also expected to usher in a slight increase.