DTZ: Vacancy rate in Chengdu’s retail market just 7.8% in 2Q15.


According to DTZ’s Property Times, there was no new supply of retail space in Chengdu in 2Q15, with the result that the total stock across the city’s eight sub-markets remained unchanged at just over 5mn square metres. In spite of a steady rise in the total stock over recent years, retail rents continued to firm. International brands which arrived in Taikoo Li during 2Q15 included Marni, Diesel, Jimmy Choo, Estée Lauder EQ:IQ and CCSHO.

Source : July 2015/DTZ/Chengdu/RET

'All articles and information are based on publicly available data from identified and defined sources. The sources include leading consultancies, think tanks, official statistics offices, trade associations, real estate companies and work of third parties. The data, information, suggestion and articles are not a recommendation for any action. We accept no liability for any loss resulting from decision that is based on an article. We accept no responsibility for any errors and omissions in any published article or work.'