Source: Colliers International Shanghai (CIS) Research数据来源: 上海高力国际研究部 OVERALL MARKET REVIEW The downtrend in the Shanghai Grade A offce market continued in Q1 2009, manifested in marked contraction in new demand and continuous fall in rental. Although the leasing market turned relatively more active after the Chinese New Year, most of the transactions came from lease renewals or relocation demand due to downgrading. As for new supply, there were 2 projects completed during the quarter. Yet unsatisfactory pre-lease conditions resulted an average vacancy rate higher than 50%. In this quarter, some landlords succumbed to the slack market condition by reducing asking rental by a larger extent as well as accepting deeper bargain by tenants. This suggested that the landlords have become more pragmatic, and are willing to adopt price cutting strategy to attract or retain tenants. 整体市场回顾 2009年1季度上海甲级办公楼市场延续08年4季度的下降态势，新增 需求同比大幅减少，租金则继续下跌。虽然春节后成交趋于活跃， 但大多来自续约或租户对办公楼的降级租赁。同期有2栋写字楼交 付使用，但预租效果并不理想，其平均空置率超过50% 由于目前市场快速下滑，本季度甲级写字楼业主大幅调低报价，同 时也愿意接受更大的议价空间。这说明业主已接受市场下行的现 实，并为吸引或留住租户而全面采取务实的降价策略 COLLIERS InTERnATIOnAL|ShAnghAI gRAdE A OffICE|fIRST QUARTER|2009 Shanghai Grade A Offce Market Major Offce data and Indicators 办公楼市场主要数据指标 HIGHLIGHTS The downtrend in the Shanghai’s grade A offce mar- ket continued in Q1 2009.new demand contracted markedly, which accounted for only 3% of that in the same period last year. Vacancy rate in Q1 2009 hit 12.3%, a record high since 2005. Owing to abundant new supply, the vacancy rate in Pudong was much higher than that in Puxi. Average rental in Q1 2009 declined further by 6.2% QoQ. The effective rental of almost all the grade A offce buildings, including the Premium grade A offces, was below RMB 10/sq m/day. So far the Premium grade A office market was impacted more than the ordinary grade A office market.Amidst keener competition, rental gap be- tween the two sub-markets will be narrowed further. Lower rent of Premium grade A offces will provide good opportunity for tenants to upgrade. 。。。。。。以上简介无排版格式，详细内容请下载查看