As Reported by MSCI Real Capital Analytics Top Global Investment Brokers 2022 H1
MSCI, a leading provider of critical decision support tools and services for the global investment community, has ranked Cushman & Wakefield in first place for industrial and hotel real estate investment brokerage transactions in mainland China, in their Top Global Investment Brokers 2022 H1. The MSCI Real Capital Analytics analysis confirms that Cushman & Wakefield represented 57% of industrial and 100% of hotel sell-side transactions in mainland China in the first half of 2022, securing the top spot among all brokerage firms.
Within the mainland China commercial real estate market, the industrial sector, including logistics facilities, is now the second-largest by investment volume. Industrial properties accounted for approximately 25% of total real estate investments in the first half of 2022 — up from around 10% in 2020 and 2021, and just 2% in 2019, according to Cushman & Wakefield data.
Mainland China also offers other attractive opportunities across many sectors, and investors are becoming increasingly granular in their approach to identify future growth. While mainstream sectors will continue to attract interest, diligent investors are also now beginning to prioritize alternative sectors to get ahead of the curve. In particular, the living sector is gaining traction with increasing international investor participation in serviced apartments and hotel conversions. With the current property market restructuring, more people are becoming increasingly willing to rent, boosting demand in China’s rental housing market.
KK Chiu, International Director, Chief Executive, Greater China at Cushman & Wakefield, said: “Our team have delivered a terrific job in the first half of 2022 to put us in the top spot for industrial and hotel sector investment transactions in mainland China. The industrial sector is quickly rising as a prominent investment category in the country, while the living sector is an exciting emerging hotspot for alternative portfolio capital. Our firm’s brokerage performance in these two spaces ensures we are well-positioned at the leading edge of the China real estate investment market and uniquely equipped to serve our clients with unmatched excellence.”
Francis Li, International Director, Vice President, Greater China, Head of Capital Markets, Greater China at Cushman & Wakefield, said: “This ranking in the MSCI RCA brokerage analysis not only reflects Cushman & Wakefield's precise grasp of market trends and investment opportunities, but also strongly demonstrates our continuous and efficient accumulation of resources. The team will continue to uphold the spirit of professionalism and innovation, and win further outstanding successes.”
Alvin Yip, President of Capital Markets, Greater China at Cushman & Wakefield, stated: “As a popular track in the investment market, new economy and new infrastructure have always attracted attention, and industrial logistics, as a key example, has repeatedly hit new heights. According to the data from Cushman & Wakefield’s Capital Markets team, in the first half of 2022, investment in industrial logistics in mainland China exceeded RMB20 billion. Cushman & Wakefield has been making sustained efforts. In the first half of 2022, Cushman & Wakefield dominated the industrial sector with a 57% market share to take the number one spot in mainland China. Among the transactions, Project Prominence, with a volume of more than 550,000 sq m, is the largest mature logistics portfolio deal in East China to date, and it may become a logistics benchmark transaction in Shanghai and even nationwide in 2022.”
MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data and technology, MSCI power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. MSCI create industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms in the world, with approximately 50,000 employees in over 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region, earning recognition and winning multiple awards for industry-leading performance. In 2021, the firm had revenue of $9.4 billion across core services including valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
