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: Although no new office projects completed in 2020, the impact of COVID-19 combined with high vacancy pressured overall average rents, falling 6.6% y-o-y to RMB 96.03 per sq m per month. The correction spurred improved take-up.

Retail: Two project completions in 2020 pushed citywide retail stock to 2.46 million sq m. The supply glut combined with the impact of COVID-19 extended bargaining power to tenants, overall average monthly rent falling 5.2% y-o-y to RMB 428.88 per sq m.

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


Office Buildings CBD
Kunming Office MarketBeat

Overall vacancy dropped 4.44 pp to 34.72% and should continue trending down given limited new supply ahead in the short-term.

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Shopping Retail
Kunming Retail MarketBeat

Overall vacancy rose to 10.76%. Ahead, the overstock environment will dictate differentiated retail strategies.

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Office Buildings CBD

办公室更新: 全市空置率同比下降4.44个百分点至34.72%。由于短期内昆明甲级写字楼市场新增供应项目有限,这将为空置率的下调提供契机。

零售更新:  空置率提高至10.76%。市场竞争激烈,这将倒逼开发商在项目选址、定位、品牌、运用、宣传等各环节创新化、差异化,从而推动市场的升级。



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