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Shanghai MarketBeat Reports

Shaun Brodie • 30/03/2026
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Q1 2026 Highlights

Office: Further new supply saw office net absorption growing strongly in Q1.

Retail: Retail sectors enjoyed a Spring Festival boost.

Capital Markets: Next Capital Markets report will be available in Q2.

Learn more by clicking our most recent Shanghai MarketBeat reports below.

CURRENT MARKETBEATS

Office Buildings CBD
Shanghai Office MarketBeat

The A.F.A Rongqiao Centre, Three ITC Tower B, and Jing’an China Resources projects Centre entered in Q1, adding 386,172 sq m of premium space. Professional services firms took a 33.5% share of leased area in the quarter, followed by the financial services, retail & trade, and TMT sectors. Quarterly net absorption surged q-o-q to 212,220 sq m, overall vacancy standing at 23.6%. The overall average monthly rental level slipped to RMB199.0 per sq m. 

Click here to download the report

Shopping Retail
Shanghai Retail MarketBeat

Three new projects entered in Q1 to add 239,000 sq m of space to the market. Demand was robust through the quarter, bolstered by the Spring Festival holiday, with fashion, F&B, gold jewelry, lifestyle, and entertainment sectors active. Overall vacancy edged up q-o-q to record 9.8%. Average mid- to high-end mall monthly rents dipped 0.7% q-o-q to RMB711.1 per sq m.

Click here to download the report

Warehouse Internal Rack
Shanghai Capital Markets MarketBeat

Next Capital Markets report will be available in Q2.

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In this issue, we focus on Gangnam, which consistently ranks No.1 in terms of mentions, and Myeongdong, where foreign consumer activity remains strong.
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In 2025, 43% of Barcelona’s total office leasing activity (317,000 sqm) was located in the 22@ district, which once again emerged as the area with the highest market activity, with 137,000 sqm of take-up.
Marta Esclapés • 25/03/2026

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