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Recent Press Releases
Prime retail rents fell across the board in the second quarter of 2020, with Other City Areas rents ($20.88 psf/mo) falling the most at -3.5 per cent quarter-on-quarter.
Geraldine Cheong • 16/07/2020
The 1H 2020 preliminary investment volume amounted to $6.13 billion, 45 per cent lower than the 1H 2019’s volume of $11.24 billion.
Christine Li • 02/07/2020
China retains its top manufacturing hub position globally in terms of operating conditions and cost competitiveness
In its annual ranking of the most suitable locations for global manufacturing among 48 countries in Europe, the Americas and Asia Pacific, Cushman & Wakefield has assessed that China remains the most attractive manufacturing hub globally from an operating conditions and cost competitiveness perspective.
Chek Yee Foo • 01/07/2020
High Street Centre at One North Bridge Road is Up for Collective Sale with approval for Commercial and Hotel Use
High Street Centre at No. 1 North Bridge Road is up for sale via a public tender. Cushman & Wakefield, the appointed property consultant for the collective sale has confirmed that owners holding not less than 80 per cent by strata area and share values have agreed to put the property to market at a reserve price of $800 million.
Geraldine Cheong • 15/06/2020
101 Beach Road also known as “The 101” (101 号美芝路) located in the well-established commercial precinct of Bugis has come up for collective sale. Owners holding not less than 80 per cent by strata area and share values have agreed to put the property to market at a reserve price of $90 million.
Geraldine Cheong • 09/06/2020
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.
Chek Yee Foo • 30/04/2020
Retail sales in 2020 could potentially drop by about 7 per cent, as both tourist and domestic spending took a plunge. The decline could be even more pronounced than that during the Global Financial Crisis (GFC) and SARS.
Geraldine Cheong • 21/04/2020
The industrial sector is facing unprecedented challenges as the COVID-19 pandemic has disrupted supply chains due to lockdowns across the world.
Geraldine Cheong • 15/04/2020
Investment volume remained muted in 1Q2020 with a transaction volume of $3.02 billion, a 37 per cent reduction in volume from the fourth quarter of 2019.
Geraldine Cheong • 13/04/2020
As expected, office leasing demand comprising renewals, relocations and fresh leases weakened significantly quarter on quarter as corporate occupiers put the brakes on expansion plans to handle operational issues arising from the Covid-19 outbreak.
Geraldine Cheong • 07/04/2020
Cushman & Wakefield has released their APAC Office Report: Outlook 2020, which has indicated greater opportunities for occupiers despite a challenging 2020 ahead resulting from the COVID-19 outbreak.
James Shepherd • 24/03/2020
Markets with limited supply, such as Singapore, Taipei and Ho Chi Minh City will be less severely impacted from the outbreak
Geraldine Cheong • 24/03/2020