China News Agency, Beijing, June 29 (Reporter Pang Wuji) The second quarter commercial real estate related data in North China released by Colliers International, a global real estate services company, on the 29th showed that Beijing's Grade A office market continued its strong market in the first quarter, and new leases by companies There is a strong desire to expand leases, and the leasing market continues to increase volume. This year, the annual net absorption of office buildings in Beijing may hit a 10-year high.

　　Yan Quhai, managing director of Colliers International North China, said at a press conference that day that as of the second quarter of 2021, Beijing’s Grade A office market had a net absorption of nearly 370,000 square meters. After deducting self-use and pre-leased area, the market will The volume was nearly 250,000 square meters, basically the same as the first quarter.

　　Compared with historical data, in the first half of the year, Beijing's Grade A office market has accumulated over 500,000 square meters of sales area, which has reached the total absorption of many years in the past.

Yan Quhai said that for two consecutive quarters, the market has lost more than 200,000 square meters. This situation is the first time that Beijing's Grade A office market has appeared in the past ten years.

　　Although the scale of new projects entering the market in the second quarter is still huge, strong demand has led to a decline in the vacancy rate of Grade A office buildings for two consecutive quarters.

In the second quarter, the number of new projects entering the Beijing Grade A office market increased to 310,000 square meters, but the vacancy rate fell to 18.2%.

In the second quarter, the average rent in the Beijing office market was RMB 341.5 per square meter per month, and the rate of decline continued to narrow.

　　Looking ahead, Lu Ming, director of the North China Research Department of Colliers International, said that due to the huge supply pressure, the Beijing office market may still experience oversupply in the second half of the year, but the overall market for the whole year will most likely achieve a balance between supply and demand. "We believe , The annual net absorption is also very likely to hit a ten-year high."

　　Lu Ming believes that from the current market trend, the time window for market adjustment is about to close, and the market is forming a consistent expectation of stabilizing rents.

It is expected that the vacancy rate of 19.4% in the fourth quarter of last year will become a phased high. With the rebound in demand beyond expectations, the office vacancy rate is expected to drop substantially year-on-year by the end of this year.

　　It is worth noting that in the second quarter, data from Colliers International showed that the new economy industry, led by Internet technology, accounted for nearly 50% of the current large leasing transactions of more than 5,000 square meters in the Beijing office market, and is the main source of new demand for Beijing office buildings.

Followed by finance (23%) and professional services (13%), the agency predicts that this trend may continue in the future, and Beijing's building economy will enter the era of new economic driving.

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