A Cushman & Wakefield management delegation led by John Forrester, Global CEO, had a productive meeting with Mr. Wu Qing, Executive Vice Mayor of Shanghai, on March 28, 2023, in Shanghai. The two parties discussed the economic and investment landscape in Shanghai, the global and China real estate markets, and Cushman & Wakefield’s strategic priorities in China and Shanghai.
Mr. Wu Qing introduced the social and economic development of Shanghai in recent years. He highlighted that accelerating economic recovery and development is now facing new scenarios and new opportunities. It is important to align ourselves with the new development stage, fully implement new development concepts, create an international first-class business environment, and promote the overall improvement of economic development, he said.
Mr. Wu Qing then thanked Cushman & Wakefield, as a global real estate services and consultancy firm, for its think tank role and professional contribution to the economic and social development of Shanghai, especially in the real estate industry, such as when serving landmark projects in Huangpu and Lingang districts. Mr. Wu Qing also stated he would like to encourage Cushman & Wakefield to further leverage its Asia Pacific and global platforms in the future, to engage with more high-profile events to be held in Shanghai and to promote the high-quality development of Shanghai.
John Forrester expressed Cushman & Wakefield’s gratitude to the Shanghai Municipal Government for its long-term support and recognition of the firm’s development in Shanghai. He introduced the company’s global presence and business offerings, reinforced the firm’s commitment to China and the Shanghai market and shared the objectives of his visit. “I'm tremendously proud to be here in Shanghai as we mark the 30th anniversary of our firm’s Greater China operations and am most thankful for the government’s support in our journey. China is one of the key driving forces in our growth strategy. Our commitment to the China market remains unwavering in these evolving times, while assisting our global clients to realize their business objectives in this incredible city,” said Forrester.
“As a pioneer in our industry, we are proud that we have kept pace with this extremely dynamic market, leading from the forefront, and evolving to meet challenges while offering a broad range of services and capabilities. Moving ahead, we will continue to strive for excellence, collaborating and leveraging resources across service lines, locally, regionally and globally, to fully exploit the tremendous power of our Cushman & Wakefield platform,” added Forrester.
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 with approximately 52,000 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 2022, the firm had revenue of $10.1 billion across core services of property, facilities and project management, leasing, capital markets, valuation, and other services. To learn more, visit www.cushmanwakefield.com.hk or follow us on LinkedIn.
