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: Grade A stock remained at 835,028 sq m with no new projects completed for 2019. However, leasing demand was relatively weak. The overall vacancy rate increased to 23.2%, and the average rent edged down 2.0% y-o-y to RMB91.4 per sq m per month.

Retail: Triumph New Life, Mixc, the Guanjiang International Shopping Center and Intime City launched in 2019, bringing a combined 511,000 sq m of new supply to the market. The overall vacancy rate edged down 0.5 percentage points y-o-y to 8.4% and the average retail asking rent slipped to RMB323 per sq m per month.
凯旋新生活(Triumph New Life),万象城(Mixc),灌江国际购物中心和银泰城(Intime City)于2019年启动,为市场带来了总计511,000平方米的新供应量。整体空置率同比下降0.5个百分点至8.4%,平均零售要价下滑至每平方米每月人民币323元。

Learn more by clicking our most recent Harbin market reports below.


Office Buildings CBD
Harbin Office MarketBeat

Ahead, nearly 255,000 sq m of new Grade A office supply will arrive by the end of 2020 and the market is expected to strengthen.

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Shopping Retail
Harbin Retail MarketBeat

Wuyue Plaza will enter the market in Q4, pushing overall retail stock beyond 4.27 billion sq m by the year end. In 2020, completion of Metro Line 2 will bring improved consumer convenience to the retail market.
五月广场将于第四季度进入市场,到年底将使整体零售存量超过42.7亿平方米。 2020年,地铁2号线的建成将为零售市场带来更高的消费者便利性。

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Office Buildings CBD




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