Recent Press Release

Hotel Construction
Data centre construction cost increases of up to 8% across region year-on-year but development shows no sign of pausing

Japan has been named the most expensive market for data centre construction while Singapore has topped the rankings for the most expensive land costs in Asia Pacific, according to a new report.

Hena Park • 06/11/2023

Brown to Green card image
More pragmatic approach to ESG needed to help building owners, investors transition from brown to green

Cushman & Wakefield has launched a series of how-to guides to provide building owners and occupiers with practical, step-by-step advice on transitioning to greener buildings.

Hena Park • 23/10/2023

ESG
Cushman & Wakefield releases 2022 Environmental, Social and Governance Report

Cushman & Wakefield (NYSE: CWK), a leading global commercial real estate services firm, today released its 2022 Environmental, Social and Governance (ESG) Report.

Hena Park • 01/09/2023

Michelle Mackay
Michelle MacKay named next Cushman & Wakefield CEO; John Forrester to retire from the company

As part of the Company’s long-standing succession plan, Cushman & Wakefield’s Board of Directors appointed Michelle MacKay, currently President and Chief Operating Officer (COO), to assume the role of CEO as of July 1, 2023.

Hena Park • 08/05/2023

Asia Pacific economy forecast to return to world-leading growth  in 2022, maintaining into 2023
The Post-pandemic Office and New Realities Shaping Hybrid Workplace Strategies

With the advent of the post-pandemic era, companies are also actively taking steps to return their employees to the office in Korea. Many companies, especially IT firms and conglomerates are adopting hybrid work.

Hena Park • 28/06/2022

ASIA PACIFIC SET TO BECOME WORLD’S LARGEST DATA CENTRE REGION OVER NEXT DECADE
Asia Pacific Set to Become World’s Largest Data Centre Region Over Next Decade

Asia Pacific’s data centre market continues to grow at a relentless pace and is set to become the world’s largest data centre region over the next decade. 

Jess Freeman • 14/01/2022

Asia Pacific economy forecast to return to world-leading growth  in 2022, maintaining into 2023
Asia Pacific economy forecast to return to world-leading growth in 2022, maintaining into 2023

The Asia Pacific economy is set to rebound in 2022 and regain top position in the second half of the year with an expected 4.5% real average annual GDP, while growth in the other two major regions normalizes, according to Cushman & Wakefield’s latest report titled “Catch ’22 - Asia Pacific Commercial Real Estate Outlook 2022”.

Hena Park • 14/12/2021

Huey Feng and Romain Ferre
Cushman & Wakefield Strengthens its Leadership Talent in Global Occupier Services in Asia Pacific

The appointments of Wong Huey Feng and Romain Ferre add depth and expertise to the firm’s integrated portfolio management services.

Amanda Phua • 12/10/2021

Aubrey Wadell as Global Occupier Services’ Head of Commercial Operations

GLOBAL PRESS RELEASES

Hong Kong Year End Market Report Q4 2023
High Availability Exerts Pressure on Hong Kong Office Rents

New office leasing demand in Hong Kong stayed relatively subdued through 2023, in turn exerting further pressure on office rental levels. In the retail industry, overall sentiment continued to improve, supported by the growing presence of experiential retail strategies providing a new impetus. However, the persistent high interest rate environment coupled with stock market volatility have dampened home purchase sentiment. In the CRE investment market, end-users are becoming the primary drivers of activity.
 

Rosanna Tang • 07/12/2023

RELATED INSIGHTS

2023-office-tenants-profile-cover
Insights • Workplace

Seoul Office Tenants Profile Report

The demand for offices in the Seoul has remained high compared to major overseas countries even after the COVID-19 pandemic.
Jinwoo Jung • 05/12/2023
main streets across the world 2023
Research

Main Streets Across the World 2023

In this 33rd edition of Main Streets Across the World, we’ll explore the near-term outlook for the retail sector; headline rent and ranking changes for best-in-class urban locations across the world; key indicators and global main street rankings; and key trends to watch such as the cost-of-living crunch, e-commerce and more.
Dominic Brown • 22/11/2023
Shopping Retail
MarketBeat

Retail MarketBeat Report

Cushman & Wakefield's Q3 2023 Seoul Retail MarketBeat report is now available to download. Please click on the link to read our latest report.
Jinwoo Jung • 07/11/2023
APAC Marketbeat
MarketBeat

Seoul MarketBeat

Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
Jinwoo Jung • 07/11/2023
Reworking the office
Research • Workplace

REWORKING the Office Asia Pacific

Our ‘REWORKING’ series examines decision-making for occupiers under four key considerations: Cost, Carbon, Culture and Community – under which the changing demands, needs and impacts on office spaces and strategies can be examined.
Anshul Jain • 03/11/2023
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