Image Source : China Visual

BEIJING, October 19 (TMTPOST) — Leasing demand in the Shanghai retail market shrunk in the third quarter, with shopping center vacancy rates rising and average rental levels falling, according to reports released by several market institutions recently.

According to Jones Lang LaSalle, shopping centre vacancy rates rose 3.9 percentage points to 13.6% year on year as consumption by business and tourist groups in Shanghai's core shopping areas decreased amid the pandemic. Shopping center vacancy rates increased slightly less in non-core shopping areas with a more stable consumer base of local residents, rising 2.3 percentage points to 12.3% year on year.

At the same time, the average rental rate of Shanghai shopping centers declined. According to market research firm Savills, the average rent for the first floor of a shopping centre in Shanghai was RMB26.2 per square meter per day in the third quarter, down 1.2% from last month and 0.9% from last year. In particular, first-floor rents in core and non-core shopping areas fell by 0.6% and 1.4% month on month, respectively.

The catering industry accounted for the largest share of leasing demand in shopping centres. According to CB Richard Ellis, the coffee, tea and restaurant area, represented by M Stand and others, accounted for 43% of the leasing demand, followed by the fashion and apparel industry with a 25% share.

In order to restore consumer confidence and promote the rebound of the retail market, Shanghai introduced a series of stimulus initiatives in the third quarter, such as issuing electronic consumption vouchers and organizing shopping festivals. According to market research firm DTZ, these measures have led to a significant consumption rebound in mid to high-end shopping centres. However, the recovery of shopping centre leasing demand is still in its initial stage, with most retail property owners still offering rent reductions and other incentives to attract retailers to move in.

According to the Shanghai Municipal Bureau of Statistics, Shanghai's total retail sales of consumer goods turned from negative to positive in July and August, but the cumulative total for the year was still down year-on-year. In July and August, Shanghai's total retail sales of consumer goods increased by 0.3% and 2.5% year-on-year respectively.

本文內(nèi)容來源:鈦媒體英文站

轉(zhuǎn)載請注明出處、作者和本文鏈接。
聲明:文章內(nèi)容僅供參考、交流、學(xué)習(xí)、不構(gòu)成投資建議。
想和千萬鈦媒體用戶分享你的新奇觀點和發(fā)現(xiàn),點擊這里投稿 。創(chuàng)業(yè)或融資尋求報道,點擊這里。

敬原創(chuàng),有鈦度,得贊賞

贊賞支持
發(fā)表評論
0 / 300

根據(jù)《網(wǎng)絡(luò)安全法》實名制要求,請綁定手機號后發(fā)表評論

登錄后輸入評論內(nèi)容

快報

更多

12:55

吉爾吉斯斯坦駐伊朗使館宣布暫停工作

12:54

香港證監(jiān)會:2025年香港證券業(yè)盈利及交易額均創(chuàng)五年新高

12:47

中國汽車流通協(xié)會:3月中國汽車經(jīng)銷商庫存預(yù)警指數(shù)為57.5%

12:39

360智能體發(fā)現(xiàn)OpenClaw高危漏洞,或波及全球17萬實例

12:36

巴基斯坦副總理兼外長達爾來華

12:30

保利物業(yè):2025年公司擁有人應(yīng)占年內(nèi)溢利同比增加約5.1%

12:23

聯(lián)想控股:2025年凈利潤97.99億元,同比增長28%

12:23

西班牙禁止涉美以打擊伊朗飛機飛越領(lǐng)空 白宮、魯比奧回應(yīng)

12:20

市場監(jiān)管總局、民政部發(fā)布新規(guī)規(guī)范殯葬領(lǐng)域明碼標價

12:20

中信金融資產(chǎn)、紫光集團等成立私募股權(quán)投資基金,出資額25億

12:14

工信部等九部門:到2028年,物聯(lián)網(wǎng)核心產(chǎn)業(yè)規(guī)模突破3.5萬億元

12:03

港股午評:恒生指數(shù)跌0.51%,恒生科技指數(shù)跌0.94%

12:01

高盛:到2026年底金價或?qū)⑦_到每盎司5400美元

11:59

鴻泉技術(shù)回應(yīng):為“張雪機車”提供智能座艙等產(chǎn)品,并為其設(shè)計APP

11:58

字節(jié)AI編程產(chǎn)品TRAE SOLO獨立端上線

11:52

三部門:到2028年,制修訂紡織工業(yè)多元適配、數(shù)字轉(zhuǎn)型、綠色低碳、健康安全等標準300項以上

11:49

鮑威爾:中東戰(zhàn)事推高通脹預(yù)期,美聯(lián)儲應(yīng)對選項有限

11:46

飛豬與韓國旅游發(fā)展局簽署合作備忘錄

11:45

兩艘中國巨輪順利通過霍爾木茲海峽

11:44

A股午評:創(chuàng)業(yè)板指跌超2%,CPO、煤炭、鋰礦等概念走弱

掃描下載App