Office rents record a mild decline as retail struggles amid Omicron outbreak; investment activity drops slightly

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Office	2Q22
Vacancy	9.8%
New Supply	0 sqm
Rental Growth	-0.2% q-o-q

Office	2Q22
Vacancy	6.1%
New Supply*	151,900 sqm
Rental Growth	0.7% q-o-q

Industrial	2Q22
Vacancy	4.1%
New Supply*	0 sqm
Rental Growth	1.3% q-o-q

Hotel*	YTD May 2022
Occupancy	29.5%
ADR*	1,061 RMB
RevPAR*	313 RMB

Residential	2Q22
Luxury Apartments
New Supply	2,218 units
Capital Values Growth	0.2% q-o-q
Rental Growth	0.1% q-o-q
High-end Villas
New Supply	0 units
Capital Values Growth	-3.1% q-o-q
Rental Growth	0.1% q-o-q