"Beijing's en-bloc investment market continued to recover in H1/2026 as investor confidence gradually improved. More realistic pricing and improving market conditions are creating opportunities for investors to acquire quality commercial assets, supporting a broader recovery in investment activity."

"Leasing demand has remained broadly stable, but the upcoming wave of new supply is expected to place greater pressure on landlords and intensify competition across submarkets."

"In the current environment, institutional investors remain cautious. Even so, 2025 en-bloc deals showed clearer preferences, with buyers placing greater emphasis on cash flow and long-term stability."

"Beijing’s en-bloc investment market has cooled down at the moment, with transaction volume showing varying declines across various asset classes. However, with the rollout of supportive real estate policies to boost the market confidence, it is expected that market activity will bounce back soon."

"Beijing’s en-bloc investment market remained stable in H1/2025, with transaction volumes exceeding last year. Apart from end-users, the market focused on cash flow condition. Developers sell their projects to reclaim funds, lower the leverage and improve liquidity, while institutional investors prefer well-managed assets with stable cash flow. "

"The Beijing en-bloc investment market witnessed a stable start in 2025, with several significant acquisitions completed during the quarter. Office assets continued to be the preference for investors. Educational organizations, listed companies and joint ventures acquired assets that aligned with their specific demand."

"In 2024, the Beijing en-bloc investment market faced increasing pressure amid various internal and external challenges and a complex macroeconomic background. The value of different asset classes has been directly or indirectly impacted by fluctuations in the real estate market, leading institutional investors to adopt a generally cautious approach. As a result, market sentiment for investments has declined compared to previous years."

"Beijing’s current en-bloc investment market has cooled down, with transaction volumes showing varying degrees of decline across various asset classes. However, with the implementation of supportive real estate policies to enhance the market confidence, it is expected that the market’s activity will pick up quickly."

"En-bloc investments are considered the barometer of the commercial real estate market, directly reflecting investment trends and expectations. In H1/2024, Beijing’s en-bloc investment market continued to post steady performance and the half-year transaction volume outnumbered last year. Looking ahead, commercial real estate’s continued recovery will further boost market confidence and en-bloc investments in the future."