【戴德梁行】2008年第二季度上海工业房地产市场分析报告.pdfVIP

Map of Shanghai Contents 01 Market Overview 03 Supply 04 Demand 07 Forecast 09 Map of China Market Overview Q2 2008 experienced steady growth across all segments of 20082 the industrial real estate market. The steady growth in rental rates, take-up and new supply indicates by all accounts that the current state of the world economy is not impacting this market with the severity as many predicted. China’s economy and specifically its manufacturing base has recently suffered significant production cost increases, inflation, growing labour costs, and escalating land prices that many thought would affect the industrial real estate market. These negative factors have contributed to some companies relocating premises in search of lower cost options, but they have certainly not caused a cooling of the market or general decrease in activity. In many regards, however, the last quarter proved this not to be the case. The strongest indicator that the market remains healthy is high levels of absorption across all three market segments (RD, manufacturing and logistics space) and most notably in