Wuhan On July 22 (reporter Liang Ting) in the first half of 2021, Wuhan grade A office market for new enterprise office demand gradually increased, the city’s new enterprise rental demand accounted for 50.9% of wuhan grade A office market turnover. This information was obtained from a press conference held by DTZ on June 22.
Official data showed that wuhan’s economy got off to a good start in the first quarter of 2021, with major economic indicators showing rapid year-on-year growth. Among them, fixed asset investment increased by 343.3 percent from the same period last year, showing a strong recovery momentum.
Zhou Xing, general manager and director of DTZ Wuhan Company, said in an interview that after the epidemic, Wuhan has promoted investment attraction, and central enterprises have continued to increase investment, helping to revive wuhan’s economy. Office demand of newly established enterprises accounts for half of the turnover of grade A office market, which is also an important sign of the good economic recovery in Wuhan.
Data show that in the first half of 2021, wuhan’s stock of quality Grade A office buildings was 2.45 million square meters. The continuous delivery of quality projects has driven the absorption of Grade A office market in Wuhan to continue to pick up, with the core business district recording a net absorption of about 90,000 square meters in the first half of this year. Faced with a new supply spurt, owners are cutting rents to accelerate the decline.
In terms of quality retail market, in the first half of this year, Wuhan’s retail market entered a new round of economic activity of the first store. The number of new stores in the core business district of Wuhan continues to climb, and retail, catering and children’s businesses are the main expansion businesses in the market. In addition, it is worth noting that in the form of life supporting business, new energy vehicle showrooms have been settled in shopping malls, showing an obvious expansion trend.
According to the Wuhan Bureau of Statistics, the consumer market in Wuhan continued to recover in the first half of this year. The total retail sales of consumer goods reached 306.887 billion yuan, up 28.1 percent compared with the same period of last year. (after)