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Cushman & Wakefield Philippines Surveys Property Developers
The lingering COVID-19 related anxieties cloud the short- and medium-term growth outlook
Claro Cordero Jr. • August 23, 2021
Cushman & Wakefield Promotes Two Senior Leaders in its Global Occupier Services Business in Asia Pacific
Nick Seaton and Dawn Koo’s promotions reinforce the growth of the firm’s integrated portfolio management services
Amanda Phua • August 23, 2021
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. • July 23, 2021
Q1 2021 Philippine Office & Investment MarketBeat Reports
Overall Metro Manila Prime and Grade ‘A’ office vacancy rate grew by 290 basis points (bps) quarter-on-quarter (QoQ) and 710 bps year-on-year (YoY) to 10.7% in the first quarter of 2021. This is the first double-digit vacancy rate recorded after the 14.5% figure in 2009 as an effect of the Global Financial Crisis (GFC).
Claro Cordero Jr. • April 23, 2021
Women Strengthened by Passion
Some of our own women colleagues in Cushman & Wakefield Philippines have taken the challenge, showing the world that women can compete with men in the realms of sports.
March 31, 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. • March 15, 2021
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. • February 04, 2021
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. • January 28, 2021
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. • January 21, 2021
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. • October 01, 2020
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. • September 11, 2020
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. • September 07, 2020
