---
title: "In the third quarter, the vacancy rates of office buildings and retail properties in Shanghai both decreased month-on-month, with office building transactions regaining dominance"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/261270679.md"
description: "Recently, several commercial real estate agencies released the Shanghai real estate market report for the third quarter of 2025. The data shows that during the reporting period, the vacancy rates for both the office and retail markets recorded a quarter-on-quarter decline. The report from Jones Lang Lasalle indicates that in the third quarter of 2025, the net absorption of Grade A office buildings in Shanghai reached 190,400 square meters, with cost-driven relocations and upgrade demands remaining the main sources of demand in the office market, while some industries showed expansion needs. The report from CBRE shows that the market continued its gradual recovery trend from the previous quarter, with a slight quarter-on-quarter increase in net absorption of 6.7%. The cumulative net absorption for the first three quarters reached 270,000 square meters, surpassing last year's total. In terms of rent, office rents continued to decline in the third quarter, with the overall market remaining favorable for tenants. CBRE believes that due to the continuous entry of new projects into the market, rental levels will remain under pressure in the short term"
datetime: "2025-10-15T12:58:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261270679.md)
  - [en](https://longbridge.com/en/news/261270679.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261270679.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/261270679.md) | [繁體中文](https://longbridge.com/zh-HK/news/261270679.md)


# In the third quarter, the vacancy rates of office buildings and retail properties in Shanghai both decreased month-on-month, with office building transactions regaining dominance

According to Jin Shi Data on October 15, several commercial real estate institutions recently released the Shanghai real estate market report for the third quarter of 2025. The data shows that during the reporting period, the vacancy rates for both the office and retail markets recorded a month-on-month decline. The report from Jones Lang Lasalle indicates that in the third quarter of 2025, the net absorption of Grade A office buildings in Shanghai reached 190,400 square meters, with cost-driven relocations and upgrade demands remaining the main sources of demand in the office market, while some industries showed expansion needs. The report from CBRE shows that the market continued its gradual recovery trend from the previous quarter, with a slight month-on-month increase in net absorption of 6.7%. The cumulative net absorption for the first three quarters reached 270,000 square meters, surpassing the total level of last year. In terms of rent, office rental prices continued to decline in the third quarter, with the overall market remaining favorable for tenants. CBRE believes that due to the continuous entry of new projects into the market, rental levels will remain under pressure in the short term

### 相关股票

- [CBRE (CBRE.US)](https://longbridge.com/zh-CN/quote/CBRE.US.md)
- [Jones Lang Lasalle (JLL.US)](https://longbridge.com/zh-CN/quote/JLL.US.md)

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