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Urumqi MarketBeat Reports

Sabrina Wei • 08/03/2022
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Office: New supply remained paused in 2021, with total prime office stock at 3.02 million sq m. The impact of COVID-19 dictated soft leasing demand and only moderate net absorption, but in the absence of new supply, overall vacancy dropped to 25.8%. 

Retail: Tianshan Vanke Plaza launched in 2021, bringing 110,000 sq m of quality retail space. Consumption was impacted by COVID-19 in the period and the city took steps to promote the first-store and night-time economies. 

Learn more by clicking our most recent Urumqi MarketBeat reports below.


Office Buildings CBD
Urumqi Office MarketBeat

Overall average monthly rents trended down 9.9% from 2019 to record RMB63.7 per sq m.

Click here to download the report

Shopping Retail
Urumqi Retail MarketBeat

Overall vacancy was at 16.2% at the end of the year, average monthly rents at RMB211.1 per sq m.

Click here to download the report

Office Buildings CBD

办公室更新:  2020年及2021年,乌鲁木齐写字 楼市场均无新增供应入市,截止至 2021年底,乌鲁木齐甲级写字楼总 存量保持在302.3万平方米。

零售更新:  2021年,以全家庭趣玩购物中心 为概念的乌鲁木齐天山万科广场 开业,乌鲁木齐优质零售物业总 存量达到152.4万平方米。



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