As leasing pressure persists, landlords continue to explore new operating models, while more developers are looking to sell previously self-held leasing assets.

Adjustments to several large-format leisure and entertainment units pushed market vacancy higher in Q2/2026.

The Beijing en-bloc investment market witnessed a stable start in 2025, with several significant acquisitions completed during the quarter. Office assets continued to be the preference for investors. Educational organizations, listed companies and joint ventures acquired assets that aligned with their specific demand.