"Four new shopping centres were opened in Q3/2024, located in non-prime and suburban areas. Their unique characteristics stimulated consumer activity. Additionally, the Beijing municipal government organized a variety of promotional activities covering shopping, dining, culture and tourism for improved consumption and experience."

"The current Grade A office supply in Tianjin has slowed, and landlords seized the current market window to accelerate the absorption, adapting their leasing strategies. Tenant demand and market competition remain uncertain in the near future. The future direction of policy and shifts in demand from key industries need to be closely monitored."

"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."