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Office and retail sectors Dalian Q2 2013


Reihe: Savills Briefing

Anbieter: Savills

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  • Erscheinungsweise: Quartalsweise
  • Berichtszeitraum: 2. Quartal 2013
  • Erscheinungsdatum : 01.09.2013
  • Seiten : 5 Seiten
  • Datei-Typ : PDF-Datei
  • Größe : 580,83 kB
  • Sprache(n) : Englisch

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  • Two Grade A office buildings were handed over in Q2/2013, adding 82,000 sq m of leasable space to the market and bringing total stock to slightly over 1.1 million sq m.
  • Net take-up increased to 29,000 sq m in the second quarter from 5,000 sq m in Q1/2013, largely a result of space absorbed in new projects.
  • The city-wide vacancy rate rose by 3.9 percentage points (ppts) quarter-onquarter (QoQ) to 14.7%.
  • Grade A office rents increased by 1.6% in Q2/2013 to an average of RMB126.1 per sq m per month (excluding property management fees), up 9.8% year-on-year (YoY).
  • While the market is only expected to see an additional 40,000 sq m completed in 2H/2013, a supply surge is scheduled between 2014 and 2016, predominantly located in emerging areas.
  • One new retail project, Wanda Plaza in Dalian Hi-tech Industrial Zone, was launched in Q2/2013, adding 200,000 sq m to the market and bringing total stock to 2 million sq m.
  • The city-wide vacancy rate fell by 0.4 of a ppt in Q2/2013 to 2.4%, down 2.5 ppts YoY, primarily due to the successful pre-leasing of Wanda Plaza.

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