Core Insights - The Shanghai office market showed a slight recovery in demand during the first half of 2025, driven by the financial, consumer goods manufacturing, and technology sectors [4][5][6] Office Market Overview - The financial sector led the market with a 22% share, followed by consumer goods manufacturing at 17%, primarily due to the expansion needs of fast-moving consumer goods and home goods companies [4][5] - Approximately 770,000 square meters of new office supply is expected in the next six months, which may increase market competition and enhance leasing activity [4][5] - The overall net absorption increased by 126.1% to 173,000 square meters, while the overall vacancy rate rose by 0.3 percentage points to 22.4% [5][6] Rental Trends - Average rental prices decreased by 3.0% to 247.2 yuan per square meter per month, with effective rents dropping by 4.3% to 174.4 yuan per square meter per month [5][6] - Different sub-markets experienced varying degrees of rental price declines, with the average rental price in the city falling by 2.2% to 133.8 yuan per square meter at the end of the quarter [8] Sector-Specific Insights - The TMT sector accounted for 41% of the leasing demand in the industrial park market, with significant activity in information technology and AI-enabled sectors [7][8] - The automotive manufacturing sector is also accelerating its presence in industrial parks, with companies like Jianghuai Automobile establishing R&D centers [7][9] Regional Performance - The Huamu area became the most active sub-market, driven by demand from core locations and industrial parks, while the Hongqiao area benefited from the expansion of cross-border e-commerce [6][8] - The Zhangjiang area attracted TMT and industrial manufacturing companies, while the Caohui area saw demand from automotive and consumer goods sectors [8][9]
AI科技拉升需求 上半年上海产业园区市场表现活跃
Zhong Guo Jing Ying Bao·2025-07-17 11:26