JLL Introduces New Office Building Evaluation System, Top-Grade Office Buildings Lead Shanghai Market Recovery

JLL has released the latest Shanghai office market white paper, introducing a groundbreaking ‘3+5’ comprehensive evaluation system that combines both development and operation perspectives to redefine “top-grade office buildings.” Projects identified under this new system have shown strong resilience across cycles, leading to stabilized rental recovery and driving structural market recovery in Shanghai. The rise in city capability levels has significantly reshaped market values, solidifying the business foundation and attracting high-quality demand to the office building market. The trend of structural differentiation and “Flight to Quality” seen in global core cities is evident in Shanghai, with benchmark properties outperforming ordinary…