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Beijing MarketBeat Reports

Sabrina Wei • 27/09/2023
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Q3 2023 Highlights

Office: The Cinda Center and North Star Center projects launched in Q3, adding 230,444 sq m of new Grade A space to the market.

Retail: Five new mall openings in Q3 included urban renewal projects Longfor Beiyuan Paradise Walk, The Box Chaowai, and Wukesong Wanda Plaza.

Capital Markets:

Learn more by clicking on our most recent Beijing MarketBeat reports below.


Office Buildings CBD
Beijing Office MarketBeat

The Cinda Center and North Star Center launched in Q3, adding 230,444 sq m of new Grade A space. Active pre-leasing helped boost quarterly net absorption to 175,291 sq m, stabilizing overall vacancy at 17.0%. Citywide average monthly rents continued trending down, dropping 2.7% q-o-q to RMB307.7 per sq m per month.

Click here to download the report

Shopping Retail
Beijing Retail MarketBeat

Five new mall openings in Q3, including urban renewal projects Longfor Beiyuan Paradise Walk, The Box Chaowai, and Wukesong Wanda Plaza, accelerated Beijing’s retail upgrading. Citywide mall stock rose to 14.8 million sq m. Consumer goods sales improved, with offline consumption growth chiefly driven by the F&B sector, with new brand store openings generating strong footfall.

Click here to download the report

Warehouse Internal Rack
Beijing Capital Markets MarketBeat

Q3 2023 report available soon.


Research • Workplace

Experience per Square Foot Instant Insights

Welcome to our monthly Experience per Square FootTM Insight page. The goal of our Total Workplace Research & Innovation Team is to keep you informed about the latest trends in the dynamic commercial real estate industry. Each month, we will present our own insights and in-depth examination of emerging shifts that can help you make informed real estate decisions.
A businesswoman on the way to office with her bicycle
Research • Workplace

Rethinking the Office Sector

Identify obsolescence risks. Implement repositioning and repurposing strategies.
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