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: The 45,000 sq m Hangzhou Wings project completed in Q1, bringing total Grade A stock to 3.3 million sq m. Absorption remained strong in the quarter, up 53% y-o-y, led by non-core CBDs.

Retail: The market revival continued with the addition of the prime location Hubin 88 new concept mall in Q1. Citywide net absorption of 14,770 sq m enabled overall occupancy to remain consistent at 93.7%.

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


Office Buildings CBD
Hangzhou Office MarketBeat

Overall average monthly Grade A rent was stable, finishing marginally down q-o-q at RMB133.2 per sq m.

Click here to download the report

Shopping Retail
Hangzhou Retail MarketBeat

Average first-floor rents for high-quality properties were also stable at RMB642.7 per sq m per month.

Click here to download the report

Office Buildings CBD

办公室更新: 而写字楼整体租金环比微跌,录得人民币133.2元/平方米/月。

零售更新: 而全市优质零售物业的首层平均租金稳定在人民币642.7元/平方米/月。



Covid-19, China
Article • Insights

Lessons from Landlords in China`s post COVID-19 Recovery Phase

While having the ability to work from outside of a corporate office has been feasible for the last couple of decades, working remotely at home in China has become important on a grand scale only really since the outbreak of COVID-19. 
Shaun Brodie • 3/24/2020
Datacenter Banner (card image)
Research • Data Center

Asia Pacific Data Centre MarketBeats Autumn/Winter

The advent of 5G and the shift to remote working have created a remarkable, urgent appetite for data centres across the Asia Pacific region. In our latest series of market reports we’ve looked at four key locations and the unique dynamics of their data centre markets.
Kevin Imboden • 11/18/2020
Coworking Banner (card image)
Insights • Coworking

The Changing Role of Coworking in the Workplace Ecosystem

Although coworking has been dramatically impacted by COVID-19 and the economic downturn, it’s likely to remain a viable and important workplace environment for a variety of user types and reasons.
David Smith • 8/3/2020