Vacancy rate of grade A office real estate in Beijing, China Q1 2018-Q3 2022

Published by
Wenyi Zhang,
Dec 9, 2022
In the third quarter of 2022, the vacancy rate of grade A office real estate in Beijing amounted to 14.6 percent. The vacancy rate had been rising steadily since early 2018, spiking in 2020 as a result of the COVID-19 outbreak. Over the same period, the rent had decreased and the supply increased. Nonetheless, Beijing remained the city which had the highest office space rent among large cities in mainland China.

Rate of vacant grade A office space in Beijing, China from 1st quarter 2018 to 3rd quarter 2022

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Release date

October 2022

Region

China

Survey time period

Q1 2018 to Q3 2022

Supplementary notes

Data prior to Q3 2022 have been taken from earlier publications.

The basket of building had been adjusted in Q2 2020 which could limit the comparability with previous quarters.

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