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Beijing MarketBeat Reports

Sabrina Wei • 30/12/2025
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Q4 2025 Highlights

Office: New office leasing demand remained soft in Q4 with rents continuing to decline.

Retail: The retail market welcomed further new supply in tandem with ongoing upgrading.

Capital Markets: Next report will be available soon.
 

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

CURRENT MARKETBEATS

Office Buildings CBD
Beijing Office MarketBeat

The TMT sector continued to support office leasing through Q4 in an overall soft demand market, taking a 38.5% share of total new leased area and with AI-related firms growing strongly. Citywide quarterly net absorption reached 79,294 sq m, overall Grade A vacancy dropping to 15.89%. The overall average monthly rental level weakened a further 4.6% q-o-q to RMB205.62 per sq m.  

Click here to download the report

Shopping Retail
Beijing Retail MarketBeat

Five new mall entrants in Q4 added 487,000 sq m to the market, including diverse experiential retail areas at Tongzhou Wanli Wangfujing WellTown. Alongside upgrades at older properties, landmark projects such as the Place in the CBD commenced transformations in the quarter. Brands continued to pursue first-store and flagship expansion, led by F&B, fashion, and luxury. Ahead, expanded REIT policy will further support existing retail project uplifting.

Click here to download the report

Warehouse Internal Rack
Beijing Capital Markets MarketBeat

Next Capital Markets report will be available in Q4.

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