Beijing Retail Property Market - 4Q 2007 The retail property market in Beijing was active in 2007, as evidenced by many new completions, leasing and en bloc sales activity. On the back of the Olympic effects and the local residents’ rising expenditure, demand from international brands for good quality retail space remained strong.
Shanghai Retail Property Market - Q3 2007 Owing to the strong demand, the vacancy rate kept declinging to 3.3% in Q3, a 7.4 percentage points decrease YoY. Retailers' continued expansion against limited new supply in Q3 pushed average vacancy rate lower. In tandem, average ground floor rent rose by 14.8% YoY to US$128 per sq m per month.
2007/04 Shanghai Shopping Centre MarketThe vacancy rate of shopping centres in Shanghai dropped by 4.9 % due to the booming retail market, and the average ground floor rents reached US$120.6 psm per month, rising by 8.75% YoY.
Beijing Retail Property Market - 1H 2006Due to government’s policies on the residential property market, many investors have turned to retail properties.
Shanghai Retail Property Market - July 2006With large demand as the trigger, supply of Shanghai prime retail properties will rise, causing the market to become balanced and the market will enter a mature period.
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