戴德梁行-2017q1北京写字楼市场.pdfVIP

MARKETBEAT Office Snapshot Q1 2017 Beijing Economy BEIJING OFFICE Beijing recorded GDP growth of 6.7% y-o-y in 2016, continuing a Economic Indicators smooth run over the entire year. Real estate investment in fixed Past 12-Month Q3 16 Q4 16 Growth assets fell to 2.1% y-o-y growth in 2016, down from 8.1% in 2015. GDP Growth 6.7% 6.7% Tertiary Sector Growth 7.3% 7.1% Market Overview CPI Growth 1.2% 1.4% The market welcomed a number of new office buildings, such as China World Trade Center Tower IIIB and Zhongguancun Capital Source: Beijing Statistics Bureau Tower. The properties added a combined 156,000 sq m of Grade Grade A CBD Market Indicators A office supply and raised stock to 9.46 million sq m. 12-Month Q4 16 Q1 17 Forecast Average Effective Beijing’s Grade A office rents remained stable in Q1. The overall 409.5 410.5 Rent* (RMB/sq m/mo) market recorded an