# Beijing Class A Office Market

> Beijing Class A office rents around ¥320/sqm/mo · ≈ $49.6 PSF/yr USD, with 18.5% vacancy and 8 months of typical rent-free on a 5-year term.

**Canonical URL:** https://classa.info/cities/beijing
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Trophy product in CBD (China Zun / CITIC Tower, China World Trade Center Tower III) trades at CNY 350-440/sqm/month.
- State-owned enterprise tenancy underwrites long-duration CBD leases.
- Zhongguancun is the principal tech and venture-backed startup cluster.
- Vacancy elevated post-2022 driven by tech sector consolidation.

## Key facts
- **city**: Beijing
- **country**: China
- **region**: APAC
- **classARentLocal**: ¥320/sqm/mo · ≈ $49.6 PSF/yr USD
- **classARentUsd**: $49.58797461886491/sqft/yr
- **vacancyPct**: 18.5%
- **typicalLeaseYears**: 5
- **typicalRentFreeMonths**: 8
- **submarkets**: 5
- **corporateTaxPct**: 25%
- **talentIndex**: 90

## FAQ
### What is the SOE tenancy context?
State-owned enterprises anchor a meaningful share of CBD Class A demand — typically long-duration leases, less price-sensitive, and structurally stable through cycles.

### How material is Zhongguancun?
Zhongguancun is China's deepest venture-backed tech cluster — Baidu HQ, Lenovo, Sina, and a deep network of unicorns and university-spinoff R&D.

### What is the language and contracting reality?
Operating language is Mandarin. Lease contracts are Mandarin (with bilingual versions for foreign tenants). Most deal-making for foreign tenants requires bilingual broker support.

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Citation: Source: Class A Atlas (https://classa.info/cities/beijing), updated 2026-04-15T00:00:00.000Z.