Office: Leasing activity has begun to recover. Net absorption was 55,000 sq m in Q2, propelling the 1H total past the 2019 full-year figure.
Retail: Citywide vacancy climbed to 6.6%, while average rental dropped 1.27% q-o-q.
Capital Markets: Deals totaling RMB2.44 billion were completed in Q2. For 1H 2020 total consideration was RMB5.62 billion, down 70% y-o-y, with the market hit by the ongoing effects of the pandemic.
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