中经记者 夏治斌 石英婧上海报道 "租约重组最核心的目的是降低成本。回顾租金走势，2021年市场曾出现显著上涨，但随着后续国际经 济环境的调整及供应量持续增加，租金水平呈下行趋势。"日前，仲量联行上海商业地产部总监兼华东 区零售地产部负责人黄臻向《中国经营报》记者说道。 黄臻进一步告诉记者："特别对于签订长期租约（如5年以上）的大型企业，他们需要重新评估当前租金 水平。当企业希望调整租金时，业主方也需要权衡利弊，毕竟既有合同具有法律效力。因此双方会探索 替代方案：比如通过延长租期换取降价，或结合企业新的发展策略的需求（如调整经营面积），将新旧 面积打包重组为新租约，以实现长期合作的平衡。" 记者注意到，仲量联行不久前发布的《2025年第二季度上海房地产市场回顾与展望报告》显示，2025年 第二季度，市场情绪保持谨慎，租金下行持续推动成本驱动型搬迁需求。 具体来看，在零售物业方面，在"促消费"政策和新兴消费趋势推动下，上海零售物业市场租赁需求边际 改善，部分品牌对在核心商圈开设旗舰店的意愿增强。投资市场二季度录得23宗大宗交易，投资者对核 心区域资产布局持续加码。在利好政策加持和入境旅游市场持续升温的双重推动下 ...

尽管2025年上半年二手市场交易量回升至约2万宗，但二手住宅总成交量仍比2018至2024年的平均水平 低22%。成交量的轻微改善不足以支撑价格大幅反弹，以往的楼价反弹均建基于成交量上升逾五成或以 上。 截至3月底，一手市场的供应量为约93,000个单位，且货尾单位仍持续增加。预计到今年底，市场需要 56.7个月来消化全部库存，高于 2015至2021 年间 51.3个月的平均值，为此发展商必须持续减价，令楼 价回调的时间进一步拖长。预料楼价将要到2026年后期，当库存回落至健康水平，才有望持续复苏。 不过，宏观经济指标显示楼价跌幅或会放缓。受惠于定期存款规模较2021年水平倍增，在租金回报率与 存款利率利差持续扩阔的带动下，资金或会转投地产市场。此外，人才签证计划带动的人口增长( 首季 共发出2.7万个签证 )率先推动了租赁需求，其后或进一步刺激置业需求。 智通财经APP获悉，仲量联行发表中期市场回顾及预测指，尽管过去六个月面对重大挑战，香港的写字 楼租赁及住宅市场仍略见回稳。展望未来，普遍商用的价格及租金在2025年下半年将进一步下调，但 HIBOR偏低将刺激住宅销售，而住宅物业租金受非本地专才及学生入境 ...

Core Insights - The Global Property Expo is the largest international residential property show in Singapore, featuring offerings from over 20 countries and a diverse range of properties [2][7] - The event aims to provide Singaporean buyers with essential tools and insights for navigating overseas residential property ownership [1][7] Event Highlights - DAMAC Properties will showcase a selection of its waterfront developments, including Canal Crown and DAMAC Bay [3] - THIRDHOME will launch its presence in Asia, introducing a new investment model for global property ownership [3] Learning Opportunities - The expo includes daily talks from 11:00 AM to 6:30 PM, with a keynote address by Adam Challis from JLL on market insights [4] - A live-streamed panel titled "Buyers' Toolkit: Your Next Steps to Owning Property Abroad" will provide actionable advice for prospective buyers [5] Expert Engagement - Attendees will have access to various professionals, including developers, legal advisors, and mortgage advisors, to clarify property laws and financing options [6] - Immigration specialists will discuss residency considerations linked to property purchases, providing comprehensive support for attendees [7] Organiser Information - The event is organized by JLL, a leading global commercial real estate and investment management company with annual revenue of $23.4 billion and operations in over 80 countries [8]

从甲级办公楼市场来看，二季度，科技企业租赁表现相对突出，主要体现为互联网大厂在中关村区域的 整合与扩张行为。此外，中小型内资律师事务所持续作为城市东部泛CBD区域稳定的租赁需求来源， 但租赁势头较先前有所放缓。 上半年，北京高端酒店市场表现整体承压，截至5月底，全市高端酒店平均入住率与2024年同期基本持 平，平均房价同比下降逾5%，每间可出租客房收入同比减少超过4%。不过，仍有部分酒店依托差异化 定价策略及多渠道拓展举措，成功实现局部逆势增长，使得每间可出租客房收入不降反升。在市场需求 端，游客消费心态趋于理性，企业差旅预算持续收紧，加大了酒店对于渠道管理和需求预测的复杂度。 从优质零售地产市场来看，垂类赛道、细小切口、单点突破的新锐品牌逆势突围，投资于情绪价值并寻 求消费者真正需求的新品牌正在为零售市场注入新活力。 本报讯 （记者冷翠华）7月10日，仲量联行发布的2025年上半年北京房地产市场回顾报告显示，上半 年，北京全市地区生产总值保持较快增长，宏观政策协同发力推动市场需求潜力逐步释放。"在办公楼 市场，科技企业租赁表现相对突出，整合与扩张等租赁行为带动市场流动性提升。"仲量联行华北区董 事总经理张冀 ...

Group 1 - The core viewpoint of the report indicates that the Beijing office market remained relatively stable in Q2 2025, with technology companies leading in leasing activities, enhancing market liquidity and boosting confidence in the commercial real estate sector [1] - Domestic buyers continue to show strong interest in retail and office assets in Beijing, driven by the value gap effect of quality assets in core business districts and the ongoing release of self-use demand from enterprises, which is expected to optimize the supply-demand structure in the long term [1] - The high-end residential market saw significant growth in both supply and sales volume in the first half of the year, with approximately 3,300 new luxury apartments supplied in Q2, surpassing the total supply for the entire year of 2024, and Q2 sales reached about 2,100 units, marking the highest quarterly sales in the past two years [1] Group 2 - The monetary policy, including interest rate cuts in May, has created a relatively loose credit environment for the residential market, with expectations of a significant increase in new home transaction volumes compared to the previous year due to favorable market conditions and price advantages for buyers [2]

Group 1: Real Estate Market Overview - The macro policies have collaboratively stimulated the market demand potential, leading to improved market liquidity in Beijing's real estate sector [1] - The office market has seen notable leasing activity from technology companies, particularly in the Zhongguancun area, contributing to a decrease in vacancy rates [2] - The overall rental performance in the commercial real estate market faces significant challenges, with effective rents in the second quarter declining by 1.9% quarter-on-quarter and 4.4% year-on-year [1] Group 2: Retail and Commercial Real Estate - Approximately 360,000 square meters of new retail supply entered the market in the second quarter, accounting for 60% of the annual total [1] - Key projects such as the Zhonghai Dajixiang and the two JD Mall projects achieved high occupancy rates, indicating a positive trend in specific segments of the retail market [1] - The core market's premium projects are optimizing tenant structures to enhance competitiveness, while suburban market differentiation is expected to intensify [1] Group 3: Hotel Market Insights - No new high-end hotel openings occurred in the first half of 2025, but three new hotels are expected to open in the second half, adding a total of 667 rooms to the market [2] - The anticipated openings include the Crowne Plaza in Tongzhou and the Four Points by Sheraton in Sanlitun, which will significantly enrich the high-end hotel market landscape [2] - The overall market supply is projected to gradually increase over the next three years, indicating a positive development trend [2] Group 4: Office Market Dynamics - The overall vacancy rate for Grade A office buildings decreased by 0.4 percentage points to 12.0% in the second quarter, driven by significant leasing transactions in the Zhongguancun and Lize areas [2] - The rental forecast for 2025 indicates a continued decline of 14.8%, with lower rental rates expected to attract tenants seeking better-quality office spaces [2] - Increased competition among landlords to attract relocating tenants is anticipated, with more flexible lease terms becoming common [2]

Core Insights - The report by JLL indicates significant growth in both supply and transaction volume in Beijing's high-end residential market during Q2, driven by a favorable credit policy [1] - The luxury apartment market in Beijing saw new supply reach approximately 3,300 units in Q2, surpassing the total supply for the entire year of 2024, leading to a substantial increase in transaction volume [1] - The report highlights a trend of "increased volume and decreased prices" in the luxury apartment market, providing buyers with more options [1] Residential Market Summary - In Q2, approximately 2,100 luxury apartments were sold, marking the highest quarterly sales in the past two years, with new projects accounting for about 75% of the sales in the first half of the year [1] - The average price of comparable new luxury apartments in Beijing decreased by 2.3% quarter-on-quarter, while the secondary market is experiencing a trend of "price for volume" due to the influx of new supply [1] Credit Policy and Market Outlook - The monetary policy of continuous rate cuts and reserve requirement ratio reductions in May has created a very loose credit environment for the residential market [1] - The company anticipates that the overall transaction volume in the new housing market will significantly increase compared to last year, supported by current market supply-demand dynamics and price advantages [1] Commercial Real Estate Summary - The overall vacancy rate for Grade A office buildings in Beijing decreased by 0.4 percentage points to 12.0% in Q2, primarily due to large leasing transactions in Zhongguancun and Lize [1] - The company expects overall rental prices to continue to decline throughout the year, which may attract tenants to relocate to higher-quality office spaces at reasonable costs [1] - Increased competition among landlords for relocating tenants is anticipated due to more flexible lease terms [1]

仲量联行今日发布的报告显示，二季度，北京全市甲级办公楼平均租金降幅收窄，空置率基本保持稳 定。仲量联行北京商业地产部高级董事张斯亮认为，年内低租金阶段有望维持，或吸引租户以合理成本 搬迁至更优质的办公空间。随着续租条款更为灵活，业主之间对搬迁租户的竞争激烈程度预计加剧。 报告还显示，北京甲级办公楼平均租金降幅收窄。全市租金延续了前几个季度的下行趋势，环比下降 4.0%，同比下降16.8%。在全市大部分区域租金持续大幅下行的环境中，中关村租赁市场受科技行业租 户支撑，部分高入驻率项目租金已基本止跌。 "对于2025年的北京甲级办公楼租金走势，我们维持年度降幅14.8%的预测。"张斯亮说，由于预计整体 租金将在年内持续下探，这一低租金阶段有望吸引租户以合理成本搬迁至更优质的办公空间。随着续租 条款更为灵活，业主之间对搬迁租户的竞争激烈程度预计加剧。 报告显示，二季度，北京全市甲级办公楼整体带看量与年初相比有所回落。在当前市场新租需求疲弱的 环境下，业主积极挽留楼内优质客户。目前业主为租户续租提供了更为灵活的租金折扣及免租期，部分 业主还通过在续约合同中附加免费车位等条款以吸引租户原址续租。其中，科技企业租赁表现相 ...

Group 1 - JLL will host a conference call and webcast to discuss second quarter 2025 results on August 6, 2025, at 9 a.m. Eastern time [1] - The conference call can be accessed by dialing (888) 660-6392 with a conference ID number of 5398158 [1] - The webcast will be available live on the company's Investor Relations website, with presentation slides provided shortly before the event [2] Group 2 - JLL is a leading global commercial real estate and investment management company with over 200 years of experience [3] - The company has annual revenue of $23.4 billion and operates in over 80 countries, employing more than 112,000 people [3] - JLL aims to shape the future of real estate for a better world, helping clients in various property sectors [3]

Group 1: Residential Market Outlook - The chairman of JLL Hong Kong, Zeng Huanping, predicts a 5% decline in small to medium-sized residential prices this year, driven by an increase in non-local professionals and students [1] - Residential rents are expected to reach historical highs due to the influx of non-local talent and students [1] - The forecast for luxury property prices has been adjusted from a 5% decline to a range of 5% to 10% due to an increase in distressed sales of commercial properties affecting luxury homeowners [1] Group 2: Commercial Property Market Outlook - The office market is showing signs of improvement, with increased leasing activity in prime locations, particularly in Central, despite an overall vacancy rate rising to 13.6% [1] - The net absorption recorded in the first half of the year was 130,700 square feet, driven by transactions in key areas like Central, Wan Chai/Causeway Bay, and Tsim Sha Tsui [1] - JLL anticipates that rental rates for prime office buildings in Central will stabilize by the end of the year, although overall office rents are expected to decline by about 5% for the year [2] Group 3: Retail Market Outlook - The vacancy rate for core area street shops remains at 10.5%, while the vacancy rate for premium shopping malls has reached a new high of 10.5% due to increased new supply and additional vacant space in existing malls [2] - The upcoming completion of approximately 600,000 square feet of new retail space is expected to exert upward pressure on vacancy rates for premium shopping malls [2] - Rental rates for core area street shops and premium malls are projected to decline by 5% to 10% this year [2]