"During Q3/2024, market take-up increased while rental decline accelerated. On the demand side, the service sector continued to expand steadily. In addition, SOEs’ leasing transactions boosted market de-stocking."

"In Q3/2024, the Wuhan retail market witnessed the opening of Wuhan SKP and Wanda Plaza (Han Street). The city’s high-end retail landscape continues to benefit from the new supply."

"Tianjin’s recently introduced relaxations including differentiated residential credit policy and optimized regulations will boost the housing consumption market. Since the beginning of 2024, Tianjin housing market is undergoing a structural adjustment in both supply and demand. With favourable policies, it is expected that reasonable housing consumption will be released, promoting the stable and healthy development of the real estate market in the future."