Beijing office market sees continuous rental adjustment

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Office	Q2 2024
Vacancy	12.1%
New Supply	0 sqm
Rental Change	-3.3% q-o-q

Retail	Q2 2024
Vacancy	4.5%
New Supply*	385,000 sqm
Rental Change	0.9% q-o-q

Industrial	Q2 2024
Vacancy	15.8%
New Supply	277,248 sqm
Rental Change	-1.1% q-o-q

Hotel*	YTD May 2024
Occupancy	66.3%
ADR*	CNY 1,073
RevPAR*	CNY 712

Luxury Apartments	Q2 2024
New Supply	721 units
Capital Values Growth	-1.5% q-o-q
Rental Change	-1.8% q-o-q