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Beijing | 2022 Q4 | Beijing office market continued recovering

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With demand continued to recover and supply pressure eased, the vacancy rate fell

In Q4 2022, Beijing’s Grade A office market recovered as expected. Updated pandemic control policy did not prevent the recovery of demand. Net absorption has turned positive in Q4 2022, reaching 41,856 sqm (450,534 sq ft).

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Beijing | 2022 Q4 | Beijing office market continued recovering

Download Report