Globally, Cushman & Wakefield was also ranked the #1 advisory and consultancy in Property Appraisal and Research, each for the fourth consecutive year; also ranked 1st in Leases and Sales, for the third consecutive year, and as an Investment Manager for the second consecutive year.
In Brazil, the company also won first place as the Best Real Estate Consultancy in the country, winning in all categories: General (Overall), Leases and Sales (Agency – Letting/sales) and Property Valuation (Property Valuation).
“We are proud to be continually recognized as the world's preferred real estate company,” said John Forrester, global president of Cushman & Wakefield. “Our people continue to lead the industry, skillfully navigating an ever-evolving landscape and have demonstrated unparalleled creativity and dedication.”
In addition to its global and Brazilian recognition, Cushman & Wakefield was named Best Real Estate Consulting in Asia-Pacific, Central and Eastern Europe, Latin America, Argentina, China, Colombia, Croatia, India, Japan, Peru, Philippines, Portugal, Serbia and Vietnam. The company has also received several country-level recognitions.
“Cushman & Wakefield benefited from record demand for e-commerce and industrial logistics, sectors that have seen strong growth in investor interest since the start of the pandemic. The company is well positioned to benefit from this industry shift in the global real estate market,” said Louise Bowman, editor of Euromoney.
Celina Antunes, president of the company for South America, highlights: "2021 is still a year of many challenges for our region, but we are proud to have maintained the excellence in our services, a fact that is recognized by the award."
Euromoney's 17th annual survey analyzed the opinions of leading companies involved in real estate around the world to determine which companies they believed were the best providers of real estate products and services in their market during the past 12 months. Consultants, developers, investment managers, banks and corporate end users of real estate were invited to respond to the survey. Full results are published here External Link.
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Despite the uncertainties caused by Covid-19, the hybrid work model continues to prevail in offices. Given this, the market in the class A and A+ CBD regions of Rio de Janeiro once again showed positive results, closing November with a net absorption of 2,996 m², totaling 13,590 m² by November. Consequently, the vacancy rate fell again for the third month in a row and reached the lowest value of the year, reaching 33%, representing a drop of 0.19 p.p. (MoM) and 0.95 p.p. (YoY).
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São Paulo’s CBD regions, classes A and A+ office market registered an increase on its vacancy rate and reached 19.8% (+ 0.3 p.p), mainly due to some departures and the new completion of 11.5 thousand sq.m in Paulista´s region, which registered an increase of 4.3 p.p. in the vacancy rate and closed at 11.8%. In addition, Chucri Zaidan region presented the highest net absorption of the period (3.1 thousand sq.m) and the largest drop in the vacancy rate, reaching 20.5% (-0.5 p.p.).
Cushman & Wakefield Named World’s Best Real Estate Advisor and Consultant by Euromoney
9/23/2021
Cushman & Wakefield (NYSE: CWK) was named the best commercial real estate consultancy in the world for the fourth consecutive year by Euromoney's Global Real Estate Survey 2021.
