1、China Logistics-Nov 2022Savills ResearchSPOTLIGHTThe Greater Bay Area Logistics Index2 Greater Bay Area Logistics Index2 report covers nine mainland cities and Hong Kong SAR within the GBA,with city indices starting from different base years depending on the market development stage.The indices for

2、Hong Kong,Shenzhen and Guangzhou start in 2010,while other cities in the study start in 2015 or later.The rental and price indices reflect the trends among different cities and indicate the commonalities and divergences of the logistics markets in different cities.The GBA Logistics Index Report was

3、first published in July 2020 and will be updated on a semi-annual basis in order to provide the latest trends on rental and price changes among all the city logistics markets within the GBA.Savills launched the inaugural publication of the Greater Bay Area Logistics Index Report in 2020 to provide d

4、evelopers,landlords,occupiers and investors with a benchmark to keep abreast of the changes in the logistics market,enabling them to refine or adapt business and corporate real estate strategies,and the report is updated periodically.Grade A warehouse refers to preferably steel structure warehouses

5、with a clear ceiling height in excess of nine metres and a ground floor loading capacity of at least three tons per sq m;additionally,the project should have a minimum of Class C,Grade II fireproofing.The total occupancy cost is a lump sum cost of net effective rent,property management fees and rela

6、ted taxes.Sampling,timing&delimitationIndexFrequencyBackgroundGrade A warehouseTotal occupancy costINTRODUCTION&GLOSSARY 3 The GBA logistics property market inherited its growing momentum since last two years at the beginning of 2022 and performed well on par with market expectations during Q1/2022.