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The average rent of catering tenants in major unaffected shops in Shanghai nearly doubled

Date of addition: April 23, 2118 Publisher: Shanghai Shops World Editing System Source: Internet hits: 31 replies: 1 Recommended reading to join the collection

The central bank tightened its purse again. Last week, the central bank announced that the reserve ratio of RMB deposits in deposit-taking financial institutions will be raised by 1.5 percentage points from April 25. This adjustment can freeze about 211 billion yuan at a time. The reporter noticed that in 2117, the central bank raised the deposit reserve ratio ten times, and the accumulated frozen funds were about 2.12 trillion yuan. If we add three times this year, the frozen funds of the central bank are a huge number-about 2.62 trillion yuan.

In the case that the regulatory authorities continue to strictly control the credit gate, although the developers in Beijing, Tianjin and Shanghai are also facing the test of the capital chain, there are still different "expressions" in the property markets in the three places.

The subprime mortgage crisis did not affect Shanghai

"In the first quarter of 2118, there was a strong demand in Shanghai's real estate market, especially in the office building market. So far, the subprime mortgage crisis has not affected the demand for office buildings. " Gu Dongni, managing director of Jones Lang LaSalle Shanghai, recently commented: "The shortage of office space in Puxi has made the local rent level reach a record high."

The first quarter report from Jones Lang LaSalle shows that although Pudong has entered a large-scale new supply period, the office rents in Puxi and Pudong have both increased this quarter.

Jones Lang LaSalle said that in the retail market, the source of demand represented by retailers is not only from one or two continents, but from three continents. "These retailers are eager to find retail places in managing high-quality properties, but they face many challenges."

As there is no new supply in the luxury and high-end residential market this quarter, the market turnover is light. "In the following year, both luxury and high-end residential markets have projects entering the market for pre-sale," said He Enkai, director of the research department of Jones Lang LaSalle in China.

There are indications that the subprime mortgage crisis in the first quarter did not affect Shanghai. "Although the uncertainty of the international economy is increasingly exposed, the demand for office buildings in Shanghai continues to be strong, driven by the strong expansion plan of customers in the service industry." Jones Lang LaSalle pointed out that although the expansion momentum of some financial tenants has slowed down, most customers still hope to expand their scale in Shanghai and achieve business growth in China market.

It is reported that joint ventures and local enterprises play an equally important role in this market. About 51 of the Pudong office buildings to be completed this year have been pre-rented. In this quarter, the rents in Puxi and Pudong increased by 3.

Similarly, in the past two years, the average rent of catering tenants in major shops in Shanghai has nearly doubled. "Traditionally, the rent level of catering tenants is much lower than that of fashion tenants, but now this group is ready to accept higher rents."

according to Jones Lang LaSalle's data, in the same shopping mall, the turnover of catering tenants has been equal to that of fashion retailers on the ground floor. This gives the landlord a reason to raise the rent. For example, hang lung plaza will gradually divide the 5th floor of shopping malls into smaller spaces for catering tenants, and the rent will be doubled to RMB 1.5 per square meter per day.

with the tightening of monetary policy, developers turn to other financing methods. Jones Lang LaSalle pointed out that the opportunities for local developers to cooperate with domestic and foreign companies are heating up. "These collaborations can provide them with much-needed funds to promote project development."