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According to Jones Lang LaSalle Second Quarter Property Review
Beijing Grade A office leasing demand slowed down while rental decline narrowed in Q2. Logistics accelerated rental growth on the back of a lower vacancy environment. Luxury brands continued to hold back their expansion plans and posed very limited leasing demand on Beijing’s retail property market. Purchase demand is softened in residential market but no pressure on property prices. Domestic end-users continue to dominate the investment market.
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