Tag: Cushman Wakefield

Nick Seatonhas been promoted to be the Head of Integrated Portfolio Management (IPM), Asia Pacificand Dawn Koois the IPM Hub Lead for Greater China. Both appointments took effect in August 2021.

Forecast total transaction volume to exceed RMB50 billion in 2021 Investors eye on tier 2, 3 cities with appetite for Industrial logistics, cold chain, data centers

Amidst pandemic disruptions to daily lives, Cushman and Wakefield organises the “Run for Taste” virtual run race from July 17 to August 29, giving everyone a chance to enjoy running and gourmet food at the same time!

Cushman & Wakefield, a leading global real estate services firm, and the U.S. Green Building Council (USGBC) jointly released the report – Carbon Neutrality – Shifting to neutral to drive real estate sustainability.

Hong Kong advances to the third most attractive data center location in Asia Pacific and is highly sought after by investors and operators.

For the first time, the report also includes a special study of the infrastructure REITs markets in the U.S., Singapore and India; and offers a detailed case analysis of Mapletree Logistics Trust – thus providing a reference for China to draw on in its ongoing development of a public offering-based REITs market.

The second place ranking puts the firm behind only the Hong Kong Jockey Club. The nomination also confirms Cushman & Wakefield Hong Kong as the most attractive employer in the real estate sector.

Retail rental dropped by 42% and 35% year-on-year for Central and Tsim Sha Tsui respectively. On average, retail space rental value citywide has fell by 38% in Hong Kong  over the course of 2020.

This rebound in investment activity in the region is supported by greater investor confidence as Asia Pacific leads the economic recovery across the world. The region is also riding on the positive momentum off the back of a surge in investments in the last quarter of 2020.

The RCA analysis confirms that Cushman & Wakefield represented 31% of commercial sell-side transactions, priced at US$2.39 billion, by total investment volume in mainland China in 2020, securing the top spot among all brokerage firms.

Although the outlook remains gloomy, there are early signs of recovery towards Q2 or Q3 2021 once a vaccine becomes available and if various sectors are able to embrace new and flexible strategies to grow.

Winner of “Best Deal of the Year” award for the sale of 12 Link REIT malls Winner of “Retail Team of the Year” award for Nathan 562 project

The full recovery timeline is consistent with what was observed during the Great Recession, but at a slight lag due to the work-from-home trend.

F&B sector demand is still under the recent impacts from COVID-19; athleisure sector will grow exponentially into a post-pandemic new trend

Cushman & Wakefield added to its second consecutive wins in the categories of “Overall”, “Agency Letting/Sales”, and “Valuation” with a win in the category of “Research” as well.

Despite the pandemic outbreak, investment activity in the sector remains relatively robust with the total transaction volume in APAC over the first eight months of 2020 reaching USD 1.43 billion, about 56% of the 2019 level.

On the retail side, a more stable retail leasing landscape in Tsimshatsui helped boost the prospects there, which has overtaken Causeway Bay in terms of retail rents for the first time, according to Cushman & Wakefield, a leading global real estate services firm, in its review of the Hong Kong office and retail leasing markets today.

Largest Survey on Working from Home During Pandemic Reveals Work Will Shift from Office-Based to Total Workplace Ecosystem, Balancing Office, Home and Other Locations

Retail market indicators plummeted, with the F&B sector the hardest hit by the pandemic that could see around 1,000 restaurants close this year.