The wave of rent cancellations in Zhongguancun, Beijing, has left more than 100,000 square meters of office space vacant. How do you view this phenomenon?

It is reported that in the past three quarters, online education and Internet technology companies have continued to cancel leases on a large scale in the Zhongguancun area. By the end of the second quarter, the wave of rental cancellations has resulted in more than 100,000 square meters of office buildings in the Zhongguancun area. Total area vacant. The total area of ​​rented out exceeded the newly rented, and the net absorption of office buildings in Beijing in the second quarter was negative. Zhongguancun, the area that has created the main battlefield for China's scientific and technological development, is now moving towards the conclusion of the market economy environment. The first is that product sales in the Internet technology are a huge source of impact. The resurgence of online shopping will definitely impact all aspects of the relevant fields. This is a well-known fact.

Coupled with the oversupply of demand in their market, the money in the hands of ordinary people is not too rich, and various transactions will naturally be affected. The real estate trend is a good example. If we have a lot of money, who wouldn’t want to experience it? In general, the prosperity of the market cannot be separated from the prosperity of the people. It's not a recent thing that Zhongguancun has been deserted. In my impression, during the past few years, it was really crowded with people. People who wanted to buy laptops, laptops, mobile phones, etc. loved to go to Zhongguancun. I don’t know when it started, but it must have been at least ten years. People are getting lower and lower. I accidentally went there and found that there were more stores than customers during the free time. Now it’s finally reached the point where it’s not even available in stores?

As early as 2020, the idle situation of office buildings in Beijing has been worrying. The rent reduction and occupancy rate have both hit new records in the past ten years. The other two super first-tier cities, Shanghai and Shenzhen The occupancy rate has also exceeded 25%, and the occupancy rate of office buildings across the country is close to 30%. Looking at this year, a large-scale wave of rent cancellations has occurred in Feng Shui areas such as Zhongguancun in Beijing. One of the core problems reflected is that business is not easy to do, and Internet companies are almost at the end of their lives.

Because if the company develops well, it will not happen that there is no one to rent a store like Zhongguancun. On a deeper level, if the occupancy rate in first-tier cities such as first-tier cities is still rising even though rents have been significantly reduced, it also indicates that the overall market environment may still need to be adjusted. As for whether Zhongguancun can return to its previous scenery, there is a saying in my country: thirty years east of Hedong and thirty years west of Hexi. Take a look at these electronic stores that were very popular in Zhongguancun, but now they are empty. To be honest, it is difficult to return the Zhongguancun office building to its previous scenery.