In the second quarter of 2023, the vacancy rate of grade A office real estate in Beijing amounted to 15 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 2nd quarter 2023
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Knight Frank. (October 1, 2023). Rate of vacant grade A office space in Beijing, China from 1st quarter 2018 to 2nd quarter 2023 [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1177185/china-vacancy-rate-of-office-space-rent-beijing/
Knight Frank. "Rate of vacant grade A office space in Beijing, China from 1st quarter 2018 to 2nd quarter 2023." Chart. October 1, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1177185/china-vacancy-rate-of-office-space-rent-beijing/
Knight Frank. (2023). Rate of vacant grade A office space in Beijing, China from 1st quarter 2018 to 2nd quarter 2023. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1177185/china-vacancy-rate-of-office-space-rent-beijing/
Knight Frank. "Rate of Vacant Grade A Office Space in Beijing, China from 1st Quarter 2018 to 2nd Quarter 2023." Statista, Statista Inc., 1 Oct 2023, https://www.statista.com/statistics/1177185/china-vacancy-rate-of-office-space-rent-beijing/
Knight Frank, Rate of vacant grade A office space in Beijing, China from 1st quarter 2018 to 2nd quarter 2023 Statista, https://www.statista.com/statistics/1177185/china-vacancy-rate-of-office-space-rent-beijing/ (last visited July 27, 2024)
Rate of vacant grade A office space in Beijing, China from 1st quarter 2018 to 2nd quarter 2023 [Graph], Knight Frank, October 1, 2023. [Online]. Available: https://www.statista.com/statistics/1177185/china-vacancy-rate-of-office-space-rent-beijing/