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Q2 2021 Philippine Office & Investment MarketBeat Reports
Q2 2021 Philippine Office & Investment MarketBeat Reports

Divergent signs of recovery among key property sub-sectors; Overall office vacancy rate increases as average rents continue to soften

Claro Cordero Jr. • 23/07/2021

Asia Pacific Real Estate Investment Volumes Forecast to Hit USD165 billion in 2021
Asia Pacific Real Estate Investment Volumes Forecast to Hit USD165 billion in 2021

While the impact of work-from-home (WFH) on the occupancy needs remains to be seen, the fundamentals of the Philippine commercial property market remain sound, with vacancy levels still below the double-digit frictional vacancy rates, and with compressing rental yield rates, making it still an attractive proposition for investors.

Claro Cordero Jr. • 15/03/2021

Japan and Australia Remain the Most Expensive Office Fit-out Markets in Asia Pacific
Japan and Australia Remain the Most Expensive Office Fit-out Markets in Asia Pacific

Reinstatement costs in Manila (US$39 / sqft or roughly PHP 20,160 / sqm) are the most expensive in Southeast Asia; Heightened focus on innovative technology solutions to facilitate both in-person and remote collaboration

Claro Cordero Jr. • 04/02/2021

Cushman & Wakefield Comments on Full Year 2020 Philippine GDP Growth Rate
Cushman & Wakefield Comments on Full Year 2020 Philippine GDP Growth Rate

As the country underwent one of the longest and harshest lockdowns in the world due to the spread of COVID-19, the Philippine economy contracted by -9.5% in 2020, the lowest on record (post-World War II) GDP growth rate of the country.

Claro Cordero Jr. • 28/01/2021

investment
Q4 2020 Philippine Office & Investment MarketBeat Reports

Prime and Grade A Metro Manila office supply stood at 8.2 million square meters (sq.m.) by end-2020. The total stock grew by 376,000 sq.m., which represents only 45% of the stock originally scheduled for completion in 2020. Of the estimated 1.4 million sq.m. expected to be completed in the next four (4) years, over 509,000 sq.m. of projects have been pushed by at least six (6) months, with over 169,000 sq.m. of which having adjusted completion dates of over two (2) years from their respective intended completion dates.

Claro Cordero Jr. • 21/01/2021

Cushman & Wakefield Again Named World’s Top Real Estate Advisor by Euromoney
Cushman & Wakefield Again Named World’s Top Real Estate Advisor by Euromoney

Cushman & Wakefield Philippines was also named the country's No. 1 advisor and consultant and won in all categories – Agency/ Lettings, Valuation and Research. 

Claro Cordero Jr. • 01/10/2020

Metro Manila Office Market, One of Four in APAC Still Landlord-Friendly
Metro Manila Office Market, One of Four in APAC Still Landlord-Friendly

As at Q2 2020, just four markets, Manila, Bangkok, Ho Chi Minh City and Taipei in the Asia Pacific region remain landlord friendly, down from 11 at the start of the year and all four are reporting softening conditions.

Claro Cordero Jr. • 07/09/2020

Property Developers Remain Less Optimistic of the Real Estate Market
Property Developers Remain Less Optimistic of the Real Estate Market in the Next Six Months: Cushman & Wakefield Philippines Surveys Property Developers

Sixty-seven per cent of real estate developers are unsure of the country’s economic recovery path in the next 12 months, a survey by Cushman & Wakefield Philippines has shown. 

Claro Cordero Jr. • 11/09/2020

Cushman & Wakefield Releases How-to Guide for Reopening Workplaces
Cushman & Wakefield Releases How-to Guide for Reopening Workplaces

Cushman & Wakefield (NYSE: CWK) has released its “Recovery Readiness: A How to Guide for Reopening your Workplace,” a comprehensive guide for real estate tenants and landlords on reopening workplaces as stay-at-home restrictions are lifted.

Claro Cordero Jr. • 22/05/2020

GLOBAL PRESS RELEASES

Cushman & Wakefield Names Bill Knightly Executive Vice President, Investor Relations & Treasurer

Cushman & Wakefield announced today that Bill Knightly will serve as the company’s Executive Vice President of Investor Relations and Treasurer, reporting to Chief Financial Officer, Duncan Palmer.

01/08/2018

Cushman & Wakefield Announces Closing of its Initial Public Offering of Ordinary Shares

Cushman & Wakefield plc (“Cushman & Wakefield”) today announced the closing of its initial public offering of 45,000,000 of its ordinary shares, at a price to the public of $17.00 per share.

06/08/2018

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