Shanghai real estate market

Office rental sees uplift

The average grade A office transacted rental in Shanghai, China was RMB 6.8 (US$1.0) per sq m per day at the end of Q2 2010. The average city-wide grade A availability ratio reached 12.13%, which represented a decrease of a 0.87 percentage point quarter-on-quarter (q-o-q) and a decrease of 4.25 percentage points year-on-year (y-o-y) respectively.

Colliers International just released its report Shanghai Property Market and 2010 Outlook covering recent developments in the city's property sector and projecting trends for the coming year.