Annual demand reached record high
The market is moving from the high supply period to 3 5 years absorption period.
Landlords：As rental declines are coming to an end, rents in some submarkets such as the CBD and Wangjing Jiuxianqiao began to stabilize and rebound. We recommend landlords in these markets adjust their leasing strategy in 2022.
Tenants：Although new supply in 2022 should decrease, some submarkets such as Zhongguancun still have high quality projects entering the market. We recommend tenants focus on these new, high quality projects and relevant regional policy support.