2010年三季度上海零售物业市场_高力

MARKETOVERVIEWShanghai’seconomygrewsteadilyoverthepastninemonths.Inparticu-lar,continuedGDPandretailsalesgrowthstronglysupportedtheretailpropertymarket.RetailsalesvalueinShanghaisustainedsolidgrowthof17.5%Y-o-Yinthefirsteightmonthsof2010,360basispointshigherthanlastyear’sgrowthrate.TheincreasewasdrivenbytheeffectoftheExpoandtheexcellentperformanceoftheF&Bsub-segment.AsShang-hai’spopulationandeconomycontinuetoexpand,strongeconomicdatashouldcontinuetoprovidefundamentalsupportfortheretailsector.Aspreviouslymentioned,theF&Bsubsectorwasthefastestgrowingretailsector,whilecommunityshoppingmallswerethefastestgrowingpropertytype,largelyasaresultofthelocalconveniencetheyprovide.Primeretailpropertiesrefersmainlytoshoppingcentres,includingshoppingmalls,shoppingpodiumsandallretailcomplexeswithF&B,retailingandentertainment,andwithGFA≥15,000sqm.Departmentstoresarenotincluded.Inthisreport,differentretailingcatchmentsaredividedintoprime,inner-ringroadandemergingareasforanalysis.PrimeareasrefertoEastand