New energy vehicle industry

2021 China’s electric vehicles will usher in historic opportunities in the next five years From Colliers International

The following is the 2021 China’s electric vehicles will usher in historic opportunities in the next five years From Colliers International recommended by And this article belongs to the classification: New energy vehicle industry.

Office market review

The Shanghai office market continued the signs of recovery in the fourth quarter of last year. This quarter, the activity of the rental market recovered, the performance continued to be excellent, and the confidence picked up rapidly.

The professional services, TMT and financial industries remained in the top three in terms of demand, and continued to perform well in the quarter, with rent decline continuing to narrow.

The vacancy rate dropped and the market showed significant signs of recovery

In the first quarter of 2021, the Shanghai office rental market continued to recover, with net absorption rising to 216000 square meters, showing the strongest single quarter performance since the fourth quarter of 2018. Boosted by demand, the vacancy rate fell by 0.6 percentage point to 22.0%.

With the continuous recovery of demand, the average rent decline in the city’s grade A office market narrowed this quarter, especially in the sub central area.

Market analysis of Industrial Park

In the first quarter of 2021, the demand of Shanghai Industrial Park leasing market is strong, and the market performance is very active. In line with the steady recovery of rental demand, the average rent of Shanghai Industrial Park increased by 1.0% month on month in this quarter.

Steady supply and demand, rising rent

Shanghai Industrial Park is expected to maintain a healthy supply in recent years.

In recent years, Internet technology, health care, integrated circuit, communication technology and other industries have ushered in rapid growth, and the rental demand for high-quality industrial carriers is also expanding.

Thanks to the steady balance between supply and demand, the rent level of Shanghai Industrial Park is expected to maintain a steady upward trend.

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