HATMarch2023HATMarch2023JllkCUSHMAN&llllllfeWAKEFIELD戴德梁行iGREATERCHINASsupply/ iRETURNTOOFFICERECOVERYIN202^1 iIGREATERCHINAOCCUPIERRESflHTHEGENERALMARKETByendofQ42022,thetotalGradeAofficeinventoryinthecoremarketsofthe21majorcitiesinGreaterChinawetracktotalled65.3millionsqm.Inthemeantime,totalpremiumcorecityofficenetabsorptionacrosstheGreaterChinamarketforthewholeyearwas1.0millionsqm,adecreaseof74.3%whencomparedtothefigureregisteredattheendofQ42021.Amongthesixmajorcitiesintheregion,Taipeiregisteredthelowestvacancyrate,at2.8%.Asforthetier-2citygroup,Hangzhourecordedthelowestvacancyrateat16.6%amongourtrackedcitymarketsinGreaterChina.ThevolumeofqualityofficesupplyinmanycitiesinGreaterChinaisexpectedtoenterapeakperiodthisyear.Between2023-2026,muchofthefuturesupplyexpectedtocompletewilllandinsuburbanlocations,whichwillcontinuetodrivedecentralisationasatenantsseekqualityspaceatadiscountedrental.Lookingtotheyearahead,consideringtheeconomy,policydirectionandCOVID-19controlrelaxationinmainlandChina,webelieveoverallprimeofficedemandwillbemoreresilientthanlastyearinGreaterChina.Inparticular,certainindustrysectorshaveseennewbusinessopportunitiesoflateorhavethepotentialtorealisebusinessgrowth,givenrecentgovernmentalpolicydirectivesandrecentcommercial,societalandlifestylechanges.Theseindustrysectorsare:Thetechnology,media,andtelecommunications(TMT)sector;Thelifesciencessector,and;Thetradingsector.LookingattheindividualmajorgatewaycitiesinGreaterChina,GradeAofficemarketdemandperformancein2022generallyturnedouttobelowerthanexpected.Into2023,factors,includingthestateofthegeneraleconomy,governmentpolicyandindividualcityinitiatives,tohelpdrivedemand.大中華區(qū)高級辦公室供應(yīng)大中華區(qū)高級辦公室供應(yīng)/需求趨勢 #關(guān)鍵的外leasedGradeAofficedemand.CUSHMAN&WAKEFIELDthisincr^sedcommercialactivityshouldprol'?inmainlandChina,itisexpectedthatbusinessactivitywillbouncebackin2023andiceanuptickindemandfbrqualityofficespaceintheGreaterChinaregion. \關(guān)鍵的外leasedGradeAofficedemand.CUSHMAN&WAKEFIELDthisincr^sedcommercialactivityshouldprol'?inmainlandChina,itisexpectedthatbusinessactivitywillbouncebackin2023andiceanuptickindemandfbrqualityofficespaceintheGreaterChinaregion. \ByQ42022,thetotalGri^deAofficeinventoryinthecoremarketsofthe21majorcitiesinGreaterChinawetracktotalled65.3mittidlksqtiiiie9t^alpremiumcorecityofficenetabsorptionacrosstheGreaterChinamarketfbrthewholeyearwas1.0millionsqm,a'74.3%whencomparedtothefigureregisteredattheendofQ42021.LIFEISWHATMAKEITCUSHMAN&WAKEFIELDJohnSiuManagingDirectorHongKongLIFEISWHATMAKEITCUSHMAN&WAKEFIELDJohnSiuManagingDirectorHongKongCharlieWongDeputyManagingDirectorofProject.ar\dOccupierServicesHeadofOccupierServicesSouthChinaXGenenGUangXXJLeonLianDeputyManagingDirector卩單gofProjectandOccupierServicesJiChinawRESEARCHTEAMRosanna唐香港Rosanna唐香港rosanna.tang@塞布麗娜魏中國北方sabrina.d.wei@

5張華南和華中xiaoduan.zhang@艾薇賈中國西部ivy.jia@伊森李臺灣本報告由華東及大中華區(qū)內(nèi)容研究主管ShaunBrodie撰寫。分析支持由LarrySang,LianneYang,NingWen,PheobeWang,AnthonyWong，JuliaLaw和LynnHuang提供。為了更好地服務(wù)我們的客戶，我們的中國研究團(tuán)隊在資本市場、工業(yè)、物流和零售等多個重點(diǎn)領(lǐng)域建立了卓越中心.Shaun領(lǐng)導(dǎo)大中華區(qū)租戶研究卓越研究中心.如果您對大中華區(qū)租戶研究有任何疑問，請聯(lián)系：對高緯物業(yè)(Cushman&Wakefield)Cushman&Wakefield(紐約證券交易所代碼：CWK)是一家全球領(lǐng)先的房地產(chǎn)服務(wù)公司，為房地產(chǎn)租戶和業(yè)主提供卓越的價值。Cushman&Wakefield是全球最大的房地產(chǎn)服務(wù)公司之一，在60個國家設(shè)有400多個辦事處，擁有約52,000名員工.在大中華區(qū)，由23個辦事處組成的網(wǎng)絡(luò)為整個地區(qū)的當(dāng)?shù)厥袌鎏峁┓?wù)，贏得了認(rèn)可，并因行業(yè)領(lǐng)先的表現(xiàn)贏得了多個獎項.2022年，該公司在核心服務(wù)方面的收入為101億美元，包括估值、咨詢、項目和開發(fā)服務(wù)、資本市場、項目和占用者服務(wù)、工業(yè)和物流、零售等。要了解更多信息，請訪問或在Twitter上關(guān)注@CushWake。肖恩?布羅迪華東及大中華區(qū)內(nèi)容研究主管免責(zé)聲明本報告由戴德梁行制作，僅供對商業(yè)地產(chǎn)感興趣的人士使用，僅供參考。它無意對其所指的市場或發(fā)展進(jìn)行完整描述。該報告使用從戴德梁行認(rèn)為可靠的公共來源獲得的信息，