In Q2 2010, no new grade A office buildings came on to the market, leaving total stock at 360,600 sq m. The average availability ratio dropped by 5.69 percentage points quarter on quarter (q-o-q) to reach 11.59%, the lowest in the recent nine quarters. The overall monthly rental increased in Q2, by 7.11% q-o-q to reach RMB 114.97 (US$16.83) per sq m. Both rent and price are expected to rise in the next five years (Figure 1).
内容摘要:In Q2 2010, no new grade A office buildings came on to the market, leaving total stock at 360,600 sq m. The average availability ratio dropped by 5.69 percentage points quarter on quarter (q-o-q) to reach 11.59%, the lowest in the recent nine quarters. The overall monthly rental increased in Q2, by 7.11% q-o-q to reach RMB 114.97 (US$16.83) per sq m. Both rent and price are expected to rise in the next five years (Figure 1).