A number of real estate consulting agencies released reports showing that the vacancy rate in the Beijing Grade A office market declined due to low new supply in the first half of the year. According to the “Beijing Real Estate Market Review for the First Half of 2026” report recently released by CBRE, in the first half of 2026, no new projects entered the market in the Beijing office market. New supply has recorded zero deliveries for four consecutive quarters, so the overall vacancy rate dropped to 17.8% for the sixth consecutive quarter. According to the CBRE report, judging from the composition of the industry, the TMT segment circuit represented by system solutions, platform internet and artificial intelligence is still the main source of incremental demand and continues to gather in the central technology area; financial institutions are mainly in the fund category to maintain the active release of small-area demand; the professional services industry mainly focuses on small to medium scale office needs, with transactions concentrated below 1,000 square meters, and maintaining a high preference for the CBD area; in addition, the activity of robot tracks in industrial product manufacturing increased in the first half of the year, and demand for new installations coexisted with leasing expansion. Close The central science and technology area, which is not limited to traditional office buildings, is affected by industrial policy guidelines and physical conditions of buildings, and industrial parks around Zhongguancun and Wangjing are also important targets.
Zhitongcaijing · 2d ago
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A number of real estate consulting agencies released reports showing that the vacancy rate in the Beijing Grade A office market declined due to low new supply in the first half of the year. According to the “Beijing Real Estate Market Review for the First Half of 2026” report recently released by CBRE, in the first half of 2026, no new projects entered the market in the Beijing office market. New supply has recorded zero deliveries for four consecutive quarters, so the overall vacancy rate dropped to 17.8% for the sixth consecutive quarter. According to the CBRE report, judging from the composition of the industry, the TMT segment circuit represented by system solutions, platform internet and artificial intelligence is still the main source of incremental demand and continues to gather in the central technology area; financial institutions are mainly in the fund category to maintain the active release of small-area demand; the professional services industry mainly focuses on small to medium scale office needs, with transactions concentrated below 1,000 square meters, and maintaining a high preference for the CBD area; in addition, the activity of robot tracks in industrial product manufacturing increased in the first half of the year, and demand for new installations coexisted with leasing expansion. Close The central science and technology area, which is not limited to traditional office buildings, is affected by industrial policy guidelines and physical conditions of buildings, and industrial parks around Zhongguancun and Wangjing are also important targets.
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