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Property Times

East China : Warehouse absorption accelerates - Q2 2014

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In the second quarter of this year, we witnessed the overall availability ratio for industrial properties rise slightly by 0.5 percentage points to reach 6.9%. In terms of property type, around 140,000 sq m of new R&D office supply emerged in New Jiangwan Town and Pudong’s Kangqiao area this quarter. As a result, the citywide availability ratio for R&D office increased by 2.1 percentage points quarter-on-quarter (q-o-q) to reach 11.0%. Meanwhile, the overall availability ratio of grade A warehouses and of factory space remained stable, registering 9.3% and 3.7% respectively.

Source : DTZ (Groupe UGL)

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