• No new Grade 'A' office projects launched onto the leasing market in the fourth quarter, leaving total 2009 supply at 35,500 sqm
  • Grade 'A' office rents fall 1.4 per cent in the fourth quarter to an average of RMB138.1 per sqm per month
  • Rents along Nanjing Road show signs of stabilising in the fourth quarter, while rents in Xiaobailou and Youyi Road fall 1.4 and 7.0 per cent respectively
  • Citywide vacancy rate falls 1.7 percentage points in the fourth quarter to 23.5 per cent, up 10.6 percentage points compared with the same period last year
  • Citywide take-up returns positive in the fourth quarter, however weak demand earlier in the year leaves the full year absorption in negative territory at -5,300 sqm
  • Tianjin's strata-title Grade 'A' office market remains lacklustre in the fourth quarter due to limited project availability