2024年12月中国通用仓储市场动态报告

Investment Rating - The report does not explicitly provide an investment rating for the general warehousing industry in China [4]. Core Insights - The report highlights the continuous monitoring and analysis of the general warehousing market in China, reflecting supply and demand dynamics across 41 major logistics cities [4][5]. - The total warehouse area in China reached 1,003,529,000 m², with a rental area of 548,980,000 m², indicating significant growth in both total and rental areas [6]. - The average rental price for warehouses across the country is 23.21 CNY/m² per month, showing a slight decrease compared to the previous month [31][30]. - The vacancy rate for warehouses stands at 16.44%, which has also seen a slight decline [31][30]. Summary by Sections General Overview of the Warehousing Market - The report provides a comprehensive overview of the general warehousing market, including total warehouse area, rental area, and construction status [4][5]. - The total area of warehouses in China is 1,003,529,000 m², with a rental area of 548,980,000 m², reflecting increases of 106.62% and 456.33% respectively [6]. Demand Situation - The demand for small-sized warehouses is predominant, with the eastern region being the main demand driver [15][17]. - The largest share of leasing demand comes from warehouses under 1,000 m², accounting for 33.33% of total demand [17]. - The eastern region accounts for 63.16% of the total leasing demand, indicating a concentrated market [17]. Supply Situation - The report notes that 1,455,000 m² of new general warehouse supply was added, with Jiaxing, Hefei, and Wuxi being the top three cities for new supply [19][22]. - The new supply has increased by 102.52% month-on-month but decreased by 48.67% year-on-year [19]. Land Transaction Situation - In December, 86 warehouse land transactions were recorded across 41 key cities, covering an area of 6,797.9 acres with a total transaction value of 2.835 billion CNY [24][23]. - The eastern region accounted for 41% of the total land transaction area, with Zhengzhou, Chongqing, and Shenyang being the top cities for land transactions [28]. Rental and Vacancy Rate Analysis - The average rental price across 41 cities is 23.78 CNY/m² per month, with a slight decrease of 0.18% month-on-month and a 2.01% decrease year-on-year [31][30]. - The vacancy rate across the same cities is 14.94%, showing a month-on-month decrease of 1.06 percentage points [31][30]. - Notable cities with the highest average rents include Shanghai at 46.39 CNY/m² per month and the lowest being Changchun at 12.81 CNY/m² per month [52][41]. Regional Analysis - The report provides detailed rental and vacancy rate analyses for different regions, indicating slight decreases in rental prices across the northeast, east, central, and west regions [47][54][61]. - The eastern region has the highest average rental price, while the western region shows a slight increase in vacancy rates [85][86].