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Chengdu | 2021 Q4 | OFFICE : 2021 demand rebounded to 2019 level

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Chengdu | 2021 Q4 | OFFICE : 2021 demand rebounded to 2019 level

Dear Valued Client,

In Q4, we recorded a drop leasing activity affected by resurgence of Covid in November. In 2021, overall net absorption increased more than 80% YOY to 170,200 square meters (1,831,300 square feet), rebounding to match the level of 2019. The TMT, traditional finance and real estate & architecture sectors were the top three demand drivers in Q4.

Tenants continue to be cost sensitive. We still recommend landlords provide customized decorations and fit out while enhancing the suite of service offerings to meet the needs of different tenants, especially in submarkets with higher vacancies and supply.


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Chengdu | 2021 Q4 | OFFICE : 2021 demand rebounded to 2019 level

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Panny Pan

Senior Associate Director

Office Services

Chengdu

国际客户服务经验广泛,曾经成功执行GE、 Tyco、 Honeywell、Autodesk、汇丰银行等众多全球知名客户办公室选址服务工作,积累了相当丰富的写字楼租赁的专业知识和谈判经验,并掌握了大量优质的品牌企业资源。

 

International enterprises service experience, has successfully executed office location services for GE, Tyco, Honeywell, Autodesk,HSBC and many other world famous customers, accumulating rich professional knowledge and experience on negotiation plus a large number of high-quality brand enterprise resources.

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