Investment Rating - The report indicates a focus on the North Asia real estate market, highlighting Tokyo as a leading market, with Shanghai and Tianjin also showing strong potential for growth in the coming years [4][54]. Core Insights - The North Asia market is becoming a focal point for investors due to its high risks and potential returns, with long-term low interest rates benefiting tenants and investors alike [3][5]. - Tokyo ranks first in the North Asia leasing market and investment market, with Shanghai and Tianjin following closely [4][54]. - The report anticipates that by 2017, Shanghai will rise to the top of both the global and North Asia rankings, driven by high vacancy rates and new supply [4][54]. Summary by Sections Global Outlook - The global economy is expected to grow, with the US economy recovering and the Federal Reserve ending its quantitative easing policy [10]. - Despite some downwards risks, long-term low interest rates have allowed tenants and investors to benefit significantly [5][11]. Regional Outlook - Tokyo leads the North Asia leasing market, with Shanghai and Tianjin following, while the future supply of office space in China is expected to exceed current stock [54][56]. - The average rental cost per workstation in North Asia is projected to reach $7,490 by the end of 2017, with significant downward pressure on rents in secondary cities due to new supply [56]. Leasing Market Assessment - The report identifies key factors influencing tenant decisions, including market entry potential, market supply, and investment returns [22][25]. - Mumbai, Tokyo, and Los Angeles are highlighted as the most attractive cities for tenants globally, with Mumbai's high score attributed to its industrial base and low rental prices [28][75]. Investment Market Assessment - The investment market remains attractive in Tokyo, Shanghai, and Beijing, with these markets being undervalued [63][64]. - The industrial market in China is increasingly viewed as a prime investment opportunity due to stable income growth and the rise of e-commerce [65][66]. Future Projections - By 2017, Shanghai is expected to lead the rankings in the Asia-Pacific region, with significant growth in industrial and high-tech sectors [73][74]. - The report emphasizes the shift in focus from traditional manufacturing to high-tech and high-value industries in Chinese cities [74].

Investment Rating - The report does not explicitly provide an investment rating for the banking industry Core Insights - Domestic banks are increasingly adopting innovative office designs and strategies to enhance their corporate image and brand recognition, which is seen as crucial for competing with foreign banks [2][3] - The majority of banks are focused on improving profitability through cost reduction, increased office space utilization, and enhanced productivity [3][4] - There is a notable difference in the adoption of new office space strategies between domestic and foreign banks, with 87% of foreign banks considering such strategies compared to 69% of domestic banks [3][4] - Domestic banks show a higher confidence level (93%) in adapting their workplaces to business and technological changes compared to foreign banks (54%) [3][4] - The emphasis on employee welfare differs, with foreign banks prioritizing employee benefits more than domestic banks, which focus on collective welfare in back-office spaces [11][18] Summary by Sections Conventional Office Space Strategies - Both domestic and foreign banks prioritize corporate image in office design, with domestic banks placing greater emphasis on this aspect [8] - Cost control is critical, especially for domestic banks that are expanding into first-tier cities where rental costs are significantly higher [9] - Improving space utilization is a key strategy to mitigate rising rental costs due to increased personnel [10] New Office Space Strategies - The transition to new office space strategies (AWS) is more prevalent among foreign banks (87%) than domestic banks (69%) [22] - High-level management drives the adoption of AWS in both domestic and foreign banks [23] - AWS is not uniformly adopted across all business areas, with many banks recognizing its applicability to only certain operational segments [24] Technological Innovation and Application - Technology is deemed a crucial factor in promoting AWS, with banks increasingly utilizing various technologies in their office spaces [51] - Domestic banks are catching up in technology adoption, with significant improvements noted in recent years [60] - The flexibility of office spaces is essential, with 93% of domestic banks believing their spaces are sufficiently adaptable compared to 54% of foreign banks [61] Future Outlook on Office Space Strategies - Banks are expected to continue focusing on cost control while leveraging new technologies to meet these needs [82] - The importance of maintaining flexible workspaces to adapt to technological advancements is emphasized [82] - The report concludes that respecting employee needs will remain a fundamental aspect of office space strategies in the banking industry [85]

2022年5月 与先机 变局 中国新消费时代下 零售市场洞察 | 摘要 | | P4 | | --- | --- | --- | | 寄语 | | P5 | | 引言 | | P6 | | | 中国已迈入新消费时代 | P7 | | • | 中国"新中产"阶层——消费升级 | P8 | | • | "Z世代"——成为未来的消费主力军 | P12 | | | | P16 | | • | 后疫情时代——购物中心消费者行为模式转变 | | 2 戴德梁行研究部 目录 中国零售行业——破圈之路 | • | "国潮"品牌从线上走到线下 | P20 | | --- | --- | --- | | • | 生活方式品牌方兴未艾 | P25 | | • | 元宇宙引领商业和社交体验新浪潮 | P27 | | • | "社交+"场景为品牌和购物中心赋能 | P33 | | • | 都市文旅综合体正在兴起 | P38 | | 要点总结 | | P41 | 变局与先机：中国新消费时代下零售市场洞察 3 P20 附录（6个案例） 摘要 现如今，中国消费领域的底层逻辑正在发生变化。品牌商和零售物业的业主将不断 挖掘细分市场和新兴需求机会 ...

DTZ Research DTZ CHINA INSIGHT 香港甲级写字楼业权变化 九龙东的崛起及逐渐成为第二个核心商业区 2015 年 4 月 28 日 目錄 | 业权分析-谁是香港甲级写字楼的大 | | | --- | --- | | 业主 | 2 | | 香港甲级写字楼现况 | 2 | | 香港甲级写字楼成交额 | 3 | | 甲级写字楼存量增长 | 5 | | 甲级写字楼楼龄及集中度 | 6 | | 上市地产商甲级写字楼存量 | 7 | | 业权变化分析 | 8 | | 结论 | 10 | 作者 聂安达 大中华区研究部主管 +852 2507 0779 andrew.ness@dtz.com 卫栢稜 研究部分析师 +852 2250 8815 michael.pl.wai@dtz.com Contacts Nigel Almond 投资市场研究部主管 +44 (0)20 3296 2328 nigel.almond@dtz.com Fergus Hicks 全球预测分析部主管 +44 (0)20 3296 2307 fergus.hicks@dtz.com www.dtz.com DTZ CHINA ...

DTZ/Cushman & Wakefield CHINA INSIGHT 上海高端住宅回归需求 2015年11月19日 作者 Shaun Brodie 中国战略研究部主管 +86 21 2208 0529 shaun.fv.brodie@dtzcushwake.com 欧瑜莹 华东区研究部高级分析师 +86 21 2208 0642 sunny.yy.ou@dtzcushwake.com 上海高端住宅回归需求 CHINA INSIGHT 目 录 • 概述 • 简介 • 市场现状 • 成交量价 • 供给存量 • 买家构成 • 需求驱动 • 未来展望 • 精华要点 1 2 4 5 6 7 9 15 16 概述 近来，上海高端住宅市场相当受买家青睐，成交量 飙升至五年新高。过去的两个季度，上海高端住宅 成交量达到 927,573 平方米，同比激增 274.96%. 高端市场买家中 70% 为上海本地人。尽管上海市场 的本地买家数量巨大，但比例远不及中国的其他城 市。这表明上海是一个买家群体相当多元化的市场。 在上海高端住宅市场的众多需求驱动因素中，最为 重要的两个是市场政策及货币政策。 展望未来，供应方面受可开发 ...

目录 | 1 | 摘要 | | --- | --- | | 2 | 引言 | | M | 宏观经济概况 | | ব | 相关政策解读 | | 5 | 调研结果分析 | | 6 | 房地产市场展望和机遇: | | | 1. 总体投资 | | | 写字楼 2. | | | 3. 零售物业 | | | 4. 工业 (物流) | | | 5. 数据中心 | | | 6. 住宅(长租公寓) | | | 7. REITs (基础设施) | | 1 | 要点总结 | | 00 | 研究团队联系人 | FF 2 8 RG 防控后的复苏 中国房地产市场展望和机遇 2022年6月 CUSHMAN & WAKEFIELD 德 梁 行 前 摘要 洞察剖析 宏观经济概况、 相关政策解读与调研结果分析 要点: 房地产的前景和机遇 01.摘要 CUSHMAN & WAKEFIELD 德 梁 行 戴 要点: · 2022年第二季度经济势必受到疫情攻坚战影响,预计当季度GDP增长 处于低位,甚至达到全年底值。 · 若疫情得到有效控制，制造业、服务业和消费市场将在下半年逐步恢复 活力，推动经济进一步复苏增长。 政府出台了一揽子经济刺激措施，减免 ...

戴德梁行 China Insight 2016年2月26日 目录 | 摘要 | 5 | | --- | --- | | 前言 | 7 | | 对中国的重要意义 | 11 | | 宏观⸺行业发展 | 19 | | 对房地产市场的影响 | 31 | | 总结 ‒ 对中国的启示 | 59 | 2 戴德梁行 China Insight 作 者 Shaun Brodie 华东区研究部主管 中国战略研究主管 +86 21 2208 0529 shaun.fv.brodie@dtzcushwake.com 3 互联网+ 中国发展新契机 戴德梁行 China Insight 4 互联网+ 中国发展新契机 摘要 随 着" 互 联 网 + "对 经 济 效 益 的 推 动 和 扩 大，更 多 的 新 行业将出现，这将为中国经济的发展提供更多的就业机会。 千 禧 一 代 会 带 着 他 们 新 鲜 的 想 法，成 为 互 联 网 + 经 济 的 一 部分，这也将推动中国经济的创新和多样化 。 到 2 0 2 0 年，一 些 中 国 主 要 城 市 将 成 为 国 际 金 融 中 心， 而 中 国 在 探 索 和 扩 大 新 的" ...

Investment Rating - The report indicates a positive outlook for investment in underground commercial spaces in Shanghai, driven by urban land scarcity and government regulations promoting underground space development [7][66]. Core Insights - The report emphasizes the growing interest in underground commercial spaces as a solution to urban land constraints, with Shanghai leading in this sector through proactive policies and planning [6][7][66]. - It highlights the historical development of underground commercial spaces in Shanghai, noting significant projects and their impact on urban dynamics [28][29]. - The analysis includes a SWOT assessment, identifying strengths such as high foot traffic and direct subway access, while also addressing weaknesses like shopping environment and management practices [45][50][52]. Summary by Sections Introduction - The report discusses the increasing attractiveness of developing and managing high-quality underground spaces in densely populated urban areas, with Shanghai as a key example [12][13]. Policy as a Driver of Reform - Shanghai has implemented regulations to enhance the planning and management of underground spaces, showcasing its forward-thinking approach [7][23]. Development History - The report outlines a timeline of significant underground commercial projects in Shanghai, starting from the Hong Kong Plaza in 1995 to the latest developments [28][29][34]. Performance Analysis - A comparative analysis of rental rates and occupancy rates between underground and above-ground commercial spaces reveals that underground spaces generally perform lower, with an average rental rate difference of RMB 46.1 per square meter per day [38][39][40]. Outlook - The report forecasts a more aggressive and successful development of underground spaces in major Chinese cities as land above ground becomes increasingly scarce [66][68].

DTZ Research PROPERTY TIMES 供应大潮对写字楼市场带来冲击 中国写字楼市场 2015 年年中回顾 2015 年 8 月 5 日 目录 | 需求 | 2 | | --- | --- | | 存量和供应 | 4 | | 租金 | 6 | | 市场展望 | 7 | | 全球地标性写字楼租金溢价水 平研究：中国地标写字楼租金 | | | 溢价水平对比 | 9 | 图 1 联系人 Richard Yorke 企业研究部主管 +44 (0)20 3296 2319 richard.yorke@dtz.com www.dtz.com Property Times 1 北京 成都 大连 广州 杭州 青岛 南京 上海 沈阳 深圳 天津 武汉 西安 长沙 重庆 厦门 0 50 100 150 200 250 300 350 400 450 0 5 10 15 20 25 30 35 40 45 50 数据来源： DTZ 戴德梁行研究部 2015 年上半年，中国一线城市写字楼需求较供应来说相对平稳，所录得癿吸纳量稍稍高于新 供应量。 相反在同一时期，二线城市癿新供应癿增长持续高于净吸纳量，二线城市供大于求 ...

赛事兴城 赛事兴城 赛事之下，成都向东 随着全球化进程的加快，资源流动性的增强导致城市之间的竞争日趋激烈。为了在发展中获 得足够的资源与发展要素，国际范围的重要赛事、会议等关注度高、影响范围广的大事件成 为了城市发展的重要催化剂。可以说，如今大型城市事件早已不只是简单的"事件"本身，它 已经在经济社会下被赋予了更多的意义。 大事件不仅可以实现城市经济和城市地位的飞跃式发展，若会场选址与城市长期空间规划 相吻合，那么大事件的成功举办还会成为助推城市空间蝶变的重要触媒。以北京为例，北京 奥运会大部分场馆选址在城市中轴线北端的奥林匹克公园，最终该区域形成了集体育、文 化、会展、休闲于一体的全新城市功能区——奥林匹克公园中心区，并对北京城市空间发展 产生了至关重要的影响。在成渝地区双城经济圈发展的重要时间节点下，选址成都"东进"方 向的大运会俨然成为了加速成渝相向发展的关键一棋。 成都向东、重庆向西是历史的必然选择，也是成渝两座超大城市至少未来10年的发展方向。成都充 分利用大事件作为加速空间变革的工具，借大运会的东风完成了一次大踏步的"向东"迈进，实现了 东安新城和东部新区的飞跃式发展，让成都-重庆的空间距离再次缩 ...