Search our Press & News
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 Jr. • September 07, 2020
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 Jr. • January 28, 2021
Q4 2021 Philippine Office & Investment MarketBeat Reports
The emergence of Omicron variant delayed the return-to-office strategies of companies, upward trend in office vacancy rate to persist in 2022
Claro Jr. • February 14, 2022
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
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 Jr. • February 04, 2021
Cushman & Wakefield Named World’s Best Real Estate Advisor and Consultant by Euromoney for Fourth Consecutive Year
Globally, Cushman & Wakefield was also ranked the No. 1 advisor and consultant for Property Valuation and Research, each for the fourth consecutive year; No. 1 in Agency Letting/Sales for the third consecutive year; and No. 1 Investment Managers for the second consecutive year.
Claro Jr. • September 16, 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 Jr. • January 21, 2021
EUROMONEY NAMES CUSHMAN & WAKEFIELD WORLD’S NO. 1 CRE ADVISOR
Euromoney’s 2018 Real Estate Survey named Cushman & Wakefield the world’s No. 1 overall commercial real estate advisor and consultant. Cushman & Wakefield was also named the top advisor and consultant in Asia, Central and Eastern Europe, China, North America, in addition to Argentina, Czech Republic, Italy, Portugal, Slovakia, Turkey and the U.S.
October 05, 2018
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 • October 12, 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 Jr. • July 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
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 Jr. • April 23, 2021
