Cushman & Wakefield
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Prime office, industrial rental growth to subside in 2024, says expert
Prime office, industrial rental growth to subside in 2024, says expert
Retail is poised to buck the trend.
Developers seen tapering bids as gov’t bumps up land sales programme
Sites up for sale include seven private residential sites, an EC plot, a long-stay serviced apartments site and a mixed-use one.
Industrial landlords may have to lower rents as supply outweighs demand – expert
There is an average annual supply of 1.0 million sqm coming onstream between 2024 to 2026.
High Street Centre up for sale via public tender for $748m
The tender closes on 25 January 2024.
Food factory development site in Mandai Industrial Estate Food Zone on sale via tender
The site’s indicative price is $90m.
Diversification to shape real estate investments in 2024
An expert said capital will cascade into “alternative” sectors next year.
Other markets may overtake SG data centre capacity: study
This is due to a limited pipeline of planned and under-construction supply.
CBDs need to evolve, but remain most sought-after locations for business headquarters
More discerning occupier needs are driving the re-invention of central business districts, says Cushman & Wakefield’s Cameron Ahrens.
Freehold industrial units at Citilink Warehouse Complex are on sale
Prices of units start from below $1m to $20m for early birds.
Private residential price growth to be muted in 2023
Experts forecast a 3%-5% growth in prices for the year.
Recalibration, not retreat: Decline in tech firms’ office uptake in Singapore explained
As Singapore’s tech sector adjusts office space as a cost-cutting measure, experts predict gradual rebound in demand.
CBD Grade A vacancy rates to hit 5.6% in 2023
Cushman & Wakefield said net supply will outpace net demand this year.
The best is yet to come for SG's hospitality market: C&W
In April, Revenue Per Available Room (RevPAR) reached a historical high of $212 per night.
Demand for life science sustains as supply remains tight
Vacancy rates at Bipolis is at 4% in Q2 2023.
Suburban prime retail market seen to rise by 1.5%-3.5%
This is due to hybrid work and consumers’ patronage of essential services.
Private residential prices may be at 2% - 5% YoY
This despite the constant implementation of cooling measures.
CBD Grade A office rents seen to grow 2% to 3%
It is underpinned by a sustained flight to quality to limited new supply.
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