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Recent Press Releases

Q1 2023 Philippine Office & Investment MarketBeat Reports

Overall Grade ‘A’ office vacancy rate in Metro Manila closed at 16.16% at the end of Q1 2023, which is a 21 bps increase q-o-q from 15.95% in Q4 2022 and an 80 bps increase y-o-y from 15.36% in Q1 2022.

Claro Cordero Jr. • 18/05/2023

Cushman & Wakefield Inaugurates Shared Services in Manila, Philippines

Cushman & Wakefield, a global commercial real estate services firm, has recently opened a Shared Services Center (SSC) in Manila, Philippines.

Tetet Castro • 01/02/2023

Q1 2022 Philippine Office & Investment MarketBeat Reports

Approximately 182,000 sq.m. of new office spaces were completed within Q1 2022, resulting to existing consolidated Prime and Grade ‘A’ office supply of around 9.1 million sq.m.

Claro Cordero Jr. • 02/05/2022

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 Cordero Jr. • 14/02/2022

How Global Brands Are Shaping the Metro Manila Retailer Landscape 2021

Brick and mortar retail faces headwinds from the pandemic induced global economic downturn

Claro Cordero Jr. • 28/01/2022

Cushman & Wakefield Strengthens its Leadership Talent in Global Occupier Services in Asia Pacific

Amanda Phua • 12/10/2021

Cushman & Wakefield Promotes Two Senior Leaders in its Global Occupier Services Business in Asia Pacific

Amanda Phua • 23/08/2021

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.

31/03/2021

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GLOBAL PRESS RELEASES

Cushman & Wakefield Earns Top Score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

Annie Wood • 04/12/2023

New York’s Fifth Avenue Retains its Top Ranking as the World’s Most Expensive Retail Destination

Michael Boonshoft • 20/11/2023

Cushman & Wakefield to Embed AI Across Commercial Real Estate Transaction Lifecycle

Michael Boonshoft • 20/11/2023

RELATED INSIGHTS

Philippine Property Market News (January 2020)

Research

Philippines Property Market News

Our October 2023 edition of the report provides the latest updates in the Philippine commercial real estate industry as well as insights on the local sectors.

Claro Cordero Jr. • 23/11/2023

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 • 21/11/2023

MarketBeat

Office MarketBeat Report

The Philippine Gross Domestic Product (GDP) beats forecast after it grew by 5.9% in Q3 2023, an improvement from a growth of 4.3% in Q2 2023, whilst below the 7.7% growth in the same quarter last year.

Claro Cordero Jr. • 13/11/2023

MarketBeat

Philippine 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.

Claro Cordero Jr. • 13/11/2023

MarketBeat

Investment MarketBeat Report

Estimated average office (gross) rental yields in Q3 2023 remained unchanged from its Q2 2023 level at 6.90%.

Claro Cordero Jr. • 13/11/2023

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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