JLL: Grade A office vacancy rate in Shanghai of 10.7%, with supply pipeline of 37.6% at end of 2Q15


In its Global Market Perspective for Q315, Jones Lang Lasalle IP Inc. (JLL) noted that the vacancy rate for Grade A office space in Shanghai was 10.7%, and that there is a supply pipeline (completions in 2015-16 relative to existing stock) of 37.6%. Over the last year, rents have risen by 5.3% and capital values have increased by 5.9%. Prime yields in 2Q15 were 5.9%.

Source : August 2015/JLL/Shanghai/OFF