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COLLIERS QUARTERLY | SHANGHAI OFFICE Q3: DEMAND REBOUNDED WITH THE RECOVERY OF MARKET CONFIDENCE

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20201016 office 1536 EN

We foresee demand continuing to rebound in Q4 and expand substantially through 2021. However, a rising proportion of new DBD supply will continue dragging rents lower.

Dear Valued Client´╝î
In Q3 2020, confidence picked up and QOQ demand surged. However, high supply pushed up Shanghai’s overall vacancy rate and rents fell 2.7% QOQ. We foresee demand continuing to rebound in Q4 and expand substantially through 2021. However, a rising proportion of new DBD supply will continue dragging rents lower.

20201016 office 1024 EN

COLLIERS QUARTERLY | SHANGHAI OFFICE Q3: DEMAND REBOUNDED WITH THE RECOVERY OF MARKET CONFIDENCE

Download Report