“Beijing’s en-bloc investment market has cooled down at the moment, with transaction volume showing varying declines across various asset classes. However, with the rollout of supportive real estate policies to boost the market confidence, it is expected that market activity will bounce back soon. ”

VINCENT LI, SAVILLS RESEARCH



Beijing’s investment market was quiet

• In Q3/2025, the total transaction area of the first-hand strata-title office market reached 143,895 sqm, down by 14.7% quarter-on-quarter (QoQ), with combined considerations of RMB3.59 billion, down 8.2% QoQ.

• ­­­Total transaction area of the first-hand strata-title retail market reached 144,830 sqm, up 75.1% QoQ. Total consideration registered RMB3.31 billion, up 56% QoQ.

• ­­­In Q3/2025, Beijing’s en-bloc investment market was quiet, with the combined consideration of the first three quarters lower than the same period last year.

• ­­­In Q3/2025, Grade A office capital values averaged at RMB56,740 psm, and the gross reversionary yield stabilised at 5.0%.

• ­­­A total of 17 land plots were transacted for RMB12.09 billion, of which seven plots were for residential and ten plots for industrial use.