Office Market - The Grade A office market in Beijing shows significant structural optimization, with a net absorption rate of 80%[1] - The vacancy rate has increased, with a reported decline of 5.1% in rental prices year-to-date[3] - Demand from TMT (Technology, Media, and Telecommunications) sectors remains strong, contributing to a 10% increase in consulting services[3] Retail Property Market - Retail properties are experiencing a rental adjustment, with a year-to-date decline of 2.6% in rental prices[3] - The average rental price in secondary commercial areas has decreased by 0.2% quarter-on-quarter, indicating pressure on older projects[10] - New retail projects are expected to add approximately 100,000 square meters of space in the coming year[10] Logistics and Warehousing Market - The logistics market has seen a 2.5% increase in rental prices quarter-on-quarter, with a year-to-date increase of 8.7%[14] - Demand for logistics space is shifting towards more cost-effective options, with a noted 5.3% decline in traditional logistics rental rates[14] Investment Market - Small-scale and "bottom-fishing" investments dominate the property investment market, with a transaction volume of 4.4 billion yuan in Q1 2025[24] - New buyers are emerging in the Beijing investment market, with a focus on high-quality assets and a 5.03% increase in investment confidence[25]