Office: Impacted by the COVID-19 outbreak, on top of downward economic pressures, leasing activity in the office market essentially stalled in the quarter and absorption dropped into negative territory.
Retail: The quarter has been hard hit by the COVID-19 outbreak. Some brands did enter the market in early January, including Tony Bianco's first China store.
Capital Markets: Four transactions with a combined value of approximately RMB11.8 billion were completed in the investment market, down 39.5% y-o-y.
本季度，北京大宗交易投资市场共完成 4 笔交易，总交易额约人民币 118 亿元，同比下降 39.5%。
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