Chengdu| 2021 Q1 | OFFICE: Rent Bottomed Out and a Small Supply Peak Ahead
Dear Valued Client，
In Q1, no new supply was recorded. We saw more large leasing transactions of over 3,000 sq metres in the central area, coming from industries such as online education, energy and internet. Benefiting from stable demand, the city-wide vacancy rate dropped 1.3pp QOQ to 17.0%.