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Office Wuhan

January 2021

Report

Reihe: Savills Market in Minutes

Anbieter: Savills

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  • Erscheinungsdatum : 15.01.2021
  • Seiten : 2 Seiten
  • Datei-Typ : PDF-Datei
  • Größe : 2,75 MB
  • Sprache(n) : Englisch

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Inhalt

  • Heartland 66 and K11 Atelier, both located in Hangkong Road business district, launched in Q4/2020, adding nearly 200,000 sq m of new space to the Grade A office market and pushing up citywide stock to 2.2 million sq m.
  • During the first three quarters of 2020, leasing demand changed from virtually nothing to a comparatively low level. Though demand had picked up in Q4/2020, withdrawals were still prevalent throughout the year.
  • Information technology led annual demand, contributing 30.3% of new leasing space, of which half was contributed by the online education industry.
  • New supply was concentrated in Hangkong Road and Jianshe Avenue. Benefiting from a mature business environment and amenities, these areas saw increased upgrading and relocation demand.

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