Tag: Cushman Wakefield

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.

The property investment market was at a standstill in Q1 with the number and consideration of major deals falling to the lowest level in over a decade — by 60% and 76% respectively from the last quarter.

Vanke Service is a core subsidiary of China Vanke, a leading best-in-class Chinese real estate development company.

Investment volume in Mainland China’s commercial real estate (CRE) investment market strengthened in Q3, with deals over RMB 100 million totaling RMB 49.7 billion, up 28% q-o-q, according to Cushman & Wakefield Research’s latest Greater China Capital Markets Express report.

Japan and Australia are the most expensive office fit-out locations in the Asia Pacific, according to Cushman & Wakefield’s Asia Pacific Office Fit-out Guide, which provides an indication of the office fit-out construction costs across 28 key gateway cities in the region.

Grade A office rents in Greater Central softened significantly in Q3 against a backdrop of weak leasing demand in core areas and a continuing trend of MNCs relocating to non-core areas. A slew of pre-leasing transactions agreed well before the social unrest commenced, contributed to an overall positive absorption, but in general, tenants held off committing to relocations or expansion in the face of growing economic and social instability.

Home transaction volumes fell by 45% in first two months of Q3 from same period in Q2 as sentiment turned cautious due to trade tensions and local political issues

Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today released the report Placemaking: An action kit for urban public space in China. According to the report, when considering urban public space in China, the aim for local governments is to generate all-inclusive citizen-friendly settings that are also economically sustainable.