We forecast net absorption in 2021 will rebound, vacancy will be essentially flat and rents will grow mildly under supply pressure from traditional developers in the next five years.
Dear Valued Client，
The spread of COVID-19 has deepened the development of online shopping in China. With widespread lockdowns, online groceries attracted more users and generated double and even triple sales. Live-streaming e-commerce is seeing explosive growth and is reshaping supply chains. We recommend landlords invest in automation and digitalization to respond to faster, customized and contactless delivery to meet the demands of live-streaming e-commerce.
The spread of COVID-19 has deepened the development of online shopping in China. With widespread lockdowns, online groceries attracted more users and generated double and even triple sales. Live-streaming e-commerce is seeing explosive growth and is reshaping supply chains. We recommend landlords invest in automation and digitalization to respond to faster, customized and contactless delivery to meet the demands of live-streaming e-commerce.
