虽然市场总量去化的趋势进一步加快，市场需求侧出现明显改善，但各子市场表现依然冷热不均。继中 关村连续四个季度累计去化总量创有历史记录以来的最快速度之后，本季度该子市场净吸纳量再度超过 6.3万平米，这是连续五个季度以来第二次实现单季度净吸纳量超过6万平米。市场空置率大幅回落至 15.1%，环比降幅达到3.9个百分点，同比降幅达到4.6个百分点，与两年前相比大幅回落5.9%。在高力 国际监控的24个甲级写字楼项目中，有14个项目空置率不到10%，其中甚至还有10个项目空置率已低于 5%。 高力国际分析认为，随着北京加快建设国际科技创新中心，得益于过去十年以来逐步积累的科创产业聚 集优势、长期服务于科创企业的先发优势和产业办公产品的高性价比优势，中关村市场已经开始受益于 新质生产力企业成长壮大所带来的产业红利。随着整个中关村子市场新增需求的持续放量，未来中关村 将有希望成为北京写字楼市场第一个实现租金企稳回升的子市场。但科创类企业释放出的新增办公空间 需求规模尚不足以拉动整体市场企稳，整体上北京写字楼市场的需求侧仍将持续承压。 持续下行的北京写字楼市场，在部分区域可能将迎来拐点。 据高力国际统计数据，今年第三季度 ...

Group 1 - The Beijing office market is showing signs of recovery, with a slight decrease in vacancy rates and continued downward pressure on rents, particularly in the technology sector [1][2] - As of the end of Q2, the vacancy rate for Grade A office buildings in Beijing decreased by 0.2 percentage points to 18.4%, reversing the upward trend seen in Q1, with a net absorption of 12,960 square meters [1] - The technology sector is the primary driver of leasing activity, accounting for 34% of total transaction area, followed by finance and professional services at 22% and 16% respectively [2] Group 2 - Despite a slight decrease in vacancy rates, rental prices continue to face pressure, with Grade A office rents in Beijing declining by 1.6% quarter-on-quarter to RMB 233.1 per square meter, a 7.4% decrease compared to Q4 2024 [2] - The Financial Street area, known for its high rents, saw a 6.1% decline in Q2 rents, dropping below RMB 400 to RMB 389.2 per square meter, an 8.7% decrease from Q4 2024 [2] - The Zhongguancun area experienced a 3.2 percentage point decrease in vacancy rates to 12.8%, despite a 1.0% decline in rents to RMB 258.2 per square meter [3] Group 3 - The overall rental trend for Grade A office buildings in Beijing continued to decline, with a 4.0% quarter-on-quarter decrease and a 16.8% year-on-year decrease [3] - The market is expected to face a supply peak in 2026, with an anticipated 757,000 square meters of new office space, which may further pressure rental prices [3] - The market is currently in a stabilization phase, with limited room for landlords to reduce rents, while future demand may be driven by 20 emerging industries identified in the Beijing government’s development guidelines [3]