For institutional fund strategies, Tianfu New Area carries the strongest investor flag in Chengdu, with prime yields around 5.6%.
For institutional fund strategies, Tianfu New Area carries the strongest investor flag in Chengdu, with prime yields around 5.6%.
Core capital concentrates in trophy stock with long-WAULT income. In Chengdu, that's Tianfu New Area and assets like Tianfu Software Park, IFS Chengdu.
Value-add capital looks at secondary Class A and convertible Class B with repositioning angle. The trophy/secondary cap-rate spread has widened post-2022, which has reopened the value-add basis for repositioning plays.
| city | Chengdu |
|---|---|
| country | China |
| region | APAC |
| classARentLocal | 4.8 CNY/sqft/yr |
| classARentUsd | $228/sqft/yr |
| vacancy | 22.6% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 8 |
| submarkets | 5 |
| primeYieldPct | 5.6% |
| primeYield | 5.6% |
| trophyAnchor | Tianfu New Area |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.