Office: Grade A owners cut rents in Q4, competing for demand in an overstocked market. Average monthly rent slid 1.0% q-o-q to RMB119.5 per sq m.
Retail: Greenland City’s opening in Q4 boosted supply to the emerging retail submarkets. In the core submarkets, the key trends were adjustment, upgrading and alteration, with no new supply added.
Learn more by clicking our most recent Wuhan MarketBeat reports below.