Office: Leasing activity experienced a sharp decline and many relocation and fit-out decisions were paused.
Retail: Landlords have compressed rental expectations and overall vacancy rose just 0.4 percentage points q-o-q to 8.8%.
Capital Markets: Fourteen deals were closed in Q1, concentrated in January. Total transaction volume was RMB22.0 billion, down 59% compared with Q1 2019.
一季度，共有 14 笔大宗交易完成交割，大部分集中在一月份。成交金额达到人民币 220.0 亿元，较去年一季度大幅下跌了 59% 。
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