央广网北京7月12日消息（记者门庭婷）7月10日，全球知名的房地产顾问服务公司莱坊发布了2025年第二季度《北京甲级写字楼市 场报告》。报告指出，第二季度，北京市无新项目竣工交付，平均空置率为18.4%，环比微降0.2个百分点；市场需求有所回暖，净 吸纳量达12960平方米，扭转上季度负吸纳态势；全市平均租金跌幅较上季度有所收窄，下降1.6%至每月每平方米人民币233.1元。 全市甲级写字楼空置率降至18.4% 净吸纳量12960平方米 今年上半年，北京甲级写字楼市场新增供应有限，只有一个新项目竣工交付，即中海金融中心1号楼。原定将于第三季度竣工的齐家 园外交办公大楼（暂定名）项目（80000平方米）推迟至2026年底竣工，因此，预计2025年下半年北京甲级写字楼市场无新项目竣工 交付。在此背景下，截至二季度末，全市甲级写字楼空置率环比下降0.2个百分点至18.4%，这一数值与2024年第四季度持平，成功 扭转了第一季度空置率上升的趋势。同时，净吸纳量由负转正，录得12960平方米，反映市场需求有所回暖。 （北京甲级写字楼市场参考指标，图源：莱坊研究部） （甲级写字楼供应量、净吸纳量及空置率，图源：莱坊研究部 ...

Group 1 - The high-tech industry is the main driver of leasing transactions in the first half of the year, accounting for 34% of the total transaction area [6] - In the second quarter, the average vacancy rate in Beijing's Grade A office market was 18.4%, a slight decrease of 0.2 percentage points from the previous quarter, with a net absorption of 12,960 square meters [1][6] - The average rent for Grade A offices in Beijing decreased by 1.6% to RMB 233.1 per square meter per month, with a year-on-year decline of 7.4% compared to Q4 2024 [1][6] Group 2 - The supply peak year is expected to be 2026, with an anticipated 757,000 square meters of office space, including 409,000 square meters in the central business district [9] - Domestic enterprises are maintaining a cautious attitude towards long-term investments due to global economic uncertainties, while consumption-boosting policies have positively impacted production and market demand [9] - The market is expected to tilt further towards tenants, with landlords adopting flexible lease terms and enhanced service quality to attract tenants [9]

从行业需求结构来看，高科技行业是上半年的租赁交易主力，占整体交易面积的34%；金融和专业服务业紧随高科技行业之后，分别贡献了22%和16% 的租赁面积。 莱坊董事及上海和北京研究及咨询部主管杨悦晨表示，今年以来，尽管国央企受政策引导迁回自持写字楼的趋势逐渐明显，优质国央企的办公扩张计划 趋于谨慎，对核心区域写字楼市场去化产生压力。但头部科技企业的扩张和增长较为坚挺，为北京写字楼市场注入活力。同时，业主积极采取定制化装 修交付等招商策略，也为市场活跃度回升提供支持。 新华财经北京7月10日电 10日，全球知名房地产顾问服务公司莱坊（Knight Frank）发布2025年第二季度《北京甲级写字楼市场报告》。报告指出，第二 季度北京市写字楼市场需求有所回暖，净吸纳量由负转正，录得12,960平方米；全市平均租金跌幅较上季度有所收窄，下降1.6%至每月每平方米人民币 233.1元。 今年上半年，北京甲级写字楼市场新增供应有限，只有一个新项目竣工交付，莱坊预计2025年下半年北京甲级写字楼市场无新项目竣工交付。在此背景 下，截至二季度末，北京市甲级写字楼空置率环比下降0.2个百分点至18.4%，这一数值与2024年第 ...

Core Viewpoint - The office market in Guangzhou is experiencing limited demand and downward pressure on rental prices, driven by strict cost control strategies among companies and a focus on lower-cost properties [1][3][4]. Supply and Demand - In the first half of 2025, Guangzhou's Grade A office market saw the delivery of 8 new projects, totaling 323,000 square meters, leading to a total stock of 7.506 million square meters, a year-on-year increase of 6.1% [1]. - The net absorption of Grade A office space in Guangzhou was recorded at 37,000 square meters, a year-on-year decrease of 21.2%, resulting in an average vacancy rate of 22.6%, which increased by 1.5 percentage points quarter-on-quarter and 4.1 percentage points year-on-year [1][3]. Rental Trends - The rental index for Grade A offices in Guangzhou decreased by 4.5% in the first half of the year, with a second-quarter decline of 1.3% quarter-on-quarter and 6.5% year-on-year, leading to an average rent of 127.4 yuan per square meter per month as of June 30 [4][5]. Emerging Business Districts - The emerging business districts of Zhujiang New Town and International Financial City are attracting companies due to their high cost-performance ratio, with significant transactions occurring in these areas [1][3]. - The TMT (Technology, Media, and Telecommunications) sector continues to lead the leasing market, accounting for approximately 30% of the new leasing area in Guangzhou's Grade A office market [3][6]. Market Dynamics - The Guangzhou office market is in a transitional phase, with demand structures evolving and new projects in emerging districts impacting the existing market [6][7]. - Companies are increasingly considering not just location and cost, but also the integration of industrial ecosystems and innovation capabilities in their site selection [7].

Core Insights - The office rental market in Shenzhen has entered a low-cost era, with significant reductions in rental prices and availability of government subsidies for entrepreneurs [1][2] - The average rent for Grade A office buildings in Shenzhen has decreased by 5.3% to 160.1 RMB per square meter as of Q2 2023, compared to the peak rent of 276.6 RMB per square meter in 2018, representing a decline of over 40% [1][2] Group 1: Market Dynamics - There is an abundance of office space available in Shenzhen, leading to lower rental costs for startups [1] - Property owners are adopting aggressive pricing strategies to retain tenants, as the cost of retaining a customer is lower than acquiring a new one [1][2] - The trend of moving from industrial parks to Grade A office buildings is driven by the expiration of preferential policies and the appeal of longer rent-free periods and subsidies [1] Group 2: Future Outlook - The Shenzhen office market is expected to see further rental declines of 2.7% and 3.1% in Q1 and Q2 of 2025, respectively, as owners respond to market pressures [2] - The local government is actively supporting the incubation and development of key industries, providing low-cost, high-quality office spaces [2] - Shenzhen's strong industrial foundation, particularly in hard technology sectors like AI, smart manufacturing, and semiconductors, is expected to drive structural growth in the office market, contributing to future market recovery [2]

2025年是近年来的供应低谷，二季度北京写字楼市场没有新增供应入市，全市甲级写字楼总存量维持在1368万平方米，全市和五大核心商圈市场季 度净吸纳量分别为39677平方米和-3984平方米。 戴德梁行最新发布的《2025年二季度北京写字楼零售市场报告》统计显示，二季度北京写字楼市场租金降幅持续收窄，空置率较2024年底下降1.4 个百分点至16.9%。 整个上半年全北京写字楼市场净吸纳量达19.4万平方米，同比增长2.5%。五大核心商圈半年度净吸纳量11.1万平方米，同比增长9.0%，空置率降至 10.9%。 租金方面，自2023年下半年开始，历经7个季度调整后，全市租金环比下降2.3%至每月每平方米人民币221.94元，五大核心商圈租金环比下降2.6% 至每月每平方米人民币257.58元，降幅呈收窄态势。 科技互联网企业和消费类企业的租赁需求活跃。二季度，续租面积占季度租赁总成交面积的29.2%。在新租和搬迁类型中，TMT行业凭借AI和通讯 类企业的大面积新租，成交占比达55%；律所板块的强劲表现令专业服务行业成交占比较上季度提升3个百分点达13.1%，升至第二位；金融行业则 以10.9%位居第三。受消费提 ...

Group 1: Office Market Overview - In the first half of 2025, Shenzhen saw a new supply of 235,000 square meters of Grade A office space, which was below market expectations, leading to a total stock of 8.605 million square meters [1] - The vacancy rate for Grade A office space in Shenzhen increased by 1.2 percentage points to 27.8% by the end of Q2 2025, indicating a slight upward pressure on vacancy rates due to delayed supply [1] - The demand for office leasing is influenced by external uncertainties and structural pressures during the transition period of new and old economic drivers, resulting in weak incremental demand [1] Group 2: Rental Trends and Market Dynamics - To attract and retain tenants amid fierce competition, property owners are lowering rents and offering more diversified services to enhance tenant experience [2] - The average rent for Grade A office space in Shenzhen decreased by 5.3% to 160.1 yuan per square meter per month by the end of Q2 2025, reflecting ongoing downward pressure on rental prices [2] - The net absorption of Grade A office space in Shenzhen reached 68,000 square meters in the first half of 2025, supported by price advantages [2] Group 3: Retail Market Insights - The retail market in Shenzhen experienced a strong supply in the first half of 2025, with 303,000 square meters of new quality shopping centers, increasing the total stock to 7.477 million square meters [2] - The average rent for premium shopping centers in Shenzhen fell by 2.4% to 761.6 yuan per square meter per month by the end of Q2 2025, while the overall vacancy rate rose by 1.2 percentage points to 9.1% [2] Group 4: Transaction Trends and Investment Opportunities - In the first half of 2025, the total transaction volume for office properties in Shenzhen reached nearly 8 billion yuan, primarily driven by self-use buyers, indicating active self-use demand [3] - The market for large transactions in the Guangdong-Hong Kong-Macao Greater Bay Area showed significant fluctuations, with the average transaction price dropping to 500 million yuan, shifting demand towards lower total price assets [3] - Investors are increasingly interested in stable commercial projects with clear operational improvement potential, as well as logistics assets in the Greater Bay Area [3] Group 5: Future Outlook and Strategic Insights - Market participants are encouraged to leverage favorable policy nodes, such as interest rate cuts and priority policies, to identify investment opportunities in clearly defined sectors [4] - The emergence of new economic infrastructure, particularly in artificial intelligence and biomedicine, is expected to attract investment, with data center investments returning to the spotlight [4] - The focus on commercial and urban infrastructure, along with opportunities arising from domestic demand growth and industrial transfer, will be critical for future investment strategies [4]

就发展趋势而言，甲级写字楼中新兴行业以及经营类业态的占比将上升，甲级写字楼的租户构成将更加 多元。深圳加大力度支持科技企业发展，未来更多优秀科技企业的涌现或将对甲级写字楼市场带来新的 增量需求。 深圳零售市场供应端表现亮眼 深圳商报·读创客户端首席记者 刘琼 7月3日，戴德梁行举办2025年中深圳商办市场新闻发布会。记者从发布会获悉，2025年上半年，全市投 入使用的甲级写字楼新供应面积23.5万平方米，全市甲级物业存量达到860.5万平方米；深圳零售市场供 应端亮眼，迎来共计30.3万平方米优质购物中心的新供应，全市优质购物中心存量增至747.7万平方米。 优秀科技企业涌现带来新需求 深圳高新技术产业持续发力，硬科技产业快速发展，为深圳办公楼租赁市场提供持续需求。戴德梁行研 究院副院长、华南及华中区研究部主管及董事张晓端分析，总部型物业也在吸引关联企业回流及产业链 上下游企业入驻；政府部门积极参与重点行业企业的孵化和培育，为相关企业提供低成本的优质办公空 间。上半年全市甲级写字楼累计净吸纳量6.8万平方米。 关于未来供应，结合已完成竣备但未启用的新项目，以及接近完工的项目，年内还有约122万平方米的 甲级写 ...

戴德梁行预计，2027年末深圳甲级写字楼总存量仍有望突破1000万平方米，深圳甲级写字楼市场竞争将 持续白热化，促使办公成本进一步下降。伴随租金的下行，甲级写字楼中新兴行业以及经营类业态的占 比或将上升，甲级写字楼的租户构成将更加多元化。 而在大宗交易市场方面，报告显示上半年深圳办公类物业成交总额近80亿元，多为自用买家成交，反映 深圳自用办公需求仍然较为活跃，工业及商业类资产受关注度持续提高，上市公司及国企自用买家仍然 是深圳写字楼市场成交主力。戴德梁行华南区资本市场部主管及董事陈俊儒表示，市场参与的各方可以 把握政策利好节点，抓住降息、优先政策等窗口，优选政策导向明确的板块；同时，在价格持续调整 下，投资价值开始浮现，私人投资者将积极参与市场，透过企业处置物业窗口，择机低价收购优质物 业。 此外，戴德梁行《2025年亚太地区办公空间装修成本指南》报告显示，尽管亚太地区主要城市的办公室 装修成本持续上升，但增速有所放缓。2024年深圳地区外资企业的装修成本约为每平方尺94美元，约合 每平方米4200元。 2025年上半年，深圳写字楼市场的表现如何？ 7月3日，戴德梁行最新发布的报告显示，2025年上半年深圳 ...

Group 1 - The Shenzhen office market is showing significant structural opportunities despite a challenging macro environment and increased supply, leading to a rise in average vacancy rates [2] - In the first half of 2025, the net absorption of Grade A office space in Shenzhen was approximately 180,000 square meters, with a total of 645,000 square meters of new supply from seven projects [2] - The average vacancy rate for Grade A offices in Shenzhen increased by 1.3 percentage points to 26.5% by the end of the second quarter due to concentrated new supply [2] Group 2 - The technology and internet sectors remain key sources of demand, contributing nearly 20% of the leasing transaction area in the first half of the year, with strong performance in hard technology sectors like consumer electronics and semiconductors [3] - Shenzhen's robust industrial foundation continues to foster new growth engines, particularly in artificial intelligence and smart manufacturing, which are expected to drive structural growth in the office market [3] - Major technology companies are expanding their operations and R&D, which is likely to create significant new office demand in Shenzhen, enhancing its appeal for leading tech firms [3]