三季度北京甲级写字楼吸纳量创年内新高

Core Insights - The net absorption of Grade A office space in Beijing reached a record high in Q3 2025, totaling 125,000 square meters, marking the ninth consecutive quarter of absorption [1] - The Zhongguancun submarket, driven by demand from technology innovation enterprises, showed significant improvement with a vacancy rate dropping to 15.1% [2] Group 1: Market Performance - The average quarterly absorption in Beijing's Grade A office market is 80,000 square meters [1] - Zhongguancun's net absorption exceeded 63,000 square meters in Q3, marking the second time in five quarters that it surpassed 60,000 square meters in a single quarter [1] - The vacancy rate in Zhongguancun decreased by 3.9 percentage points quarter-on-quarter and 4.6 percentage points year-on-year [2] Group 2: Demand Dynamics - The demand for office space in Zhongguancun is expected to continue growing, benefiting from the accumulation of advantages in the technology innovation sector over the past decade [2] - High-quality enterprises are increasingly shifting from low-efficiency assets to premium assets, indicating a potential market shift towards quality and efficiency [3] - The overall demand in Beijing's Grade A office market remains under pressure, with a notable structural recovery and regional differentiation [3] Group 3: Rental Trends - The average effective rent for Grade A office space in Beijing fell to 227.3 yuan per square meter, a slight decrease of 3.5% quarter-on-quarter [2] - The strategy of "exchanging price for volume" remains fundamental for achieving absorption in the Grade A office market [2]