On October 20, JLL released a review report on the Beijing real estate market for the third quarter of 2026. In the third quarter of this year, activity in the Beijing office rental market showed a slight upward trend, and large-scale transactions for the entire floor and above increased significantly. The CBD core area has welcomed four new projects entering the market. Affected by the concentrated entry of new projects into the market, the city's vacancy rate increased 2.4 percentage points month-on-month to 17.1%. Due to the continued impact of the peak supply throughout the year, it is expected that the city's vacancy rate trend will remain under pressure at the end of 2026. Increased market liquidity in the third quarter has yet to reverse the downward rent channel, and the city's average rent fell 1.2% month-on-month.
Zhitongcaijing · 2d ago
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On October 20, JLL released a review report on the Beijing real estate market for the third quarter of 2026. In the third quarter of this year, activity in the Beijing office rental market showed a slight upward trend, and large-scale transactions for the entire floor and above increased significantly. The CBD core area has welcomed four new projects entering the market. Affected by the concentrated entry of new projects into the market, the city's vacancy rate increased 2.4 percentage points month-on-month to 17.1%. Due to the continued impact of the peak supply throughout the year, it is expected that the city's vacancy rate trend will remain under pressure at the end of 2026. Increased market liquidity in the third quarter has yet to reverse the downward rent channel, and the city's average rent fell 1.2% month-on-month.
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