Spring REIT Reports Lower Rent and Occupancy at Beijing Office Towers

Reuters
2025.10.31 11:22
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Spring Real Estate Investment Trust reported a decline in rent and occupancy for its Beijing office towers for the quarter ending September 30, 2025. The average monthly rent fell by 1.4% to RMB 342 per square meter, while the occupancy rate decreased to 84%, down from 86% in the previous quarter. These figures are based on unaudited internal records and have not been externally reviewed.

Spring Real Estate Investment Trust has announced unaudited operating statistics for the three months ended 30 September 2025. For Office Tower 1 and 2 of China Central Place in Beijing (CCP Property), the average monthly unit rent was RMB 342 per square meter, representing a 1.4% decrease compared to RMB 347 per square meter in the previous quarter. The average occupancy rate also declined, reaching 84%, down 2 percentage points from 86% in the previous quarter. The reported figures are based on preliminary internal management records and have not been audited or reviewed by an external auditor. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spring Real Estate Investment Trust published the original content used to generate this news brief on October 31, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here