Beijing | 2020 Q1 | Office: New options for occupiers in changed market environment

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20200413 BJ Office 1536 EN

The market is experiencing weaker demand and elevated vacancy following the COVID-19 outbreak, creating good opportunities for stronger tenants to strike new deals.

Landlords:We recommend landlords adopt more flexible rents to attract anchor tenants, diversify their tenant mix to mitigate risk, and adopt augmented and virtual reality for site tours.
Tenants: We recommend tenants looking for highquality buildings with high cost performance consider the Lize submarket.
Tenants: We also recommend well-capitalised tenants focus on new projects in core submarkets, like the CBD, that entered the market in the second half of 2019.

20200413 BJ Office 1024 EN

Beijing | 2020 Q1 | Office: New options for occupiers in changed market environment

Download Report