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Recent Press Release

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Myeong dong ranked as the ninth most expensive destination in the world

Milan’s Via Montenapoleone, where rents have risen by nearly a third in the past two years, has overtaken New York’s Upper 5th Avenue to be crowned the world’s most expensive retail destination, according to Cushman & Wakefield (NYSE: CWK).

Hena Park • 21/11/2024

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Cushman & Wakefield Releases First Inclusive Cities Barometer for Asia Pacific

Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today released The Inclusive Cities Barometer for Asia Pacific that looks at the performance of 35 cities in the region across four inclusivity dimensions – economic, social, spatial and environmental.

Hena Park • 11/06/2024

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Data centres: Headroom for growth in Asia Pacific

Data centres across Asia Pacific are growing in scale and new markets are being evaluated for expansion as operators anticipate increased demand from continued digitization and wider adoption of artificial intelligence.

Hena Park • 24/08/2023

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 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

Bucket Place logistic center
Press Release

Cushman & Wakefield Appointed by Bucket Place

This press release is only available in Korean.
Hena Park • 29/07/2021
Cushman & Wakefield successfully completes advisory for disposition of Podo Mall in Sillim-dong
Cushman & Wakefield successfully completes advisory for disposition of Podo Mall in Sillim-dong

DWS Asset Management, a German asset management company, has successfully completed its disposition of ‘Podo Mall’ located in Sillim district to KORAMCO REITs & Trust for about 220 billion KRW.

Hena Park • 16/11/2020

Aubrey Wadell as Global Occupier Services’ Head of Commercial Operations
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Press Release • Economy

Cushman & Wakefield Reports that 40% of all Global Office Workers Have Returned to the Office

New data and forecasts suggest global workforce likely to return by Q1 of 2022
Hena Park

GLOBAL PRESS RELEASES

Paul and Shark
Cushman & Wakefield and another real estate consultancy place Paul & Shark on Avenida da Liberdade

Cushman & Wakefield and another consultancy announce the placement of the Paul & Shark brand at the Liberdade 242 building, right on Avenida da Liberdade in Lisbon.

20/12/2024

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Westgold Resources secures long-term lease for premium Maddington facility in WA

Leading Australian gold miner Westgold Resources Limited has committed to a long-term lease for an 8,755 sqm premium-grade warehouse and distribution facility at 146 Maddington Road, Maddington, WA. Cushman & Wakefield facilitated the transaction.

Jess Freeman • 19/12/2024

RELATED INSIGHTS

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Research • Economy

2025 Korea CRE Market Outlook Report

The office sector demonstrated strong performance, supported by stable rents and yields, while the logistics sector continued to see transactions involving prime centers and NPLs, despite ongoing oversupply challenges.
Suki Kim • 18/12/2024
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Research • Investment / Capital Markets

Logistics Tenant Profile - Hwasung

Hwasung is divided into 3 areas: Area 1, represented by Dongtan, Area 2, where universities are concentrated, and Area 3, where many industrial complexes are clustered.
Hena Park • 26/11/2024
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Insights • Workplace

Seoul Office Tenants Profile Report

The Seoul office leasing market remains a landlord-dominant market, marked by record-low vacancy rates and peak rental prices due to the shortage of new office supply within major business districts.
Suki Kim • 12/11/2024
Shopping Retail
MarketBeat

Retail MarketBeat Report

Cushman & Wakefield's Q3 2024 Seoul Retail MarketBeat report is now available to download. Please click on the link to read our latest report.
Hena Park • 08/11/2024
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Article • Technology

South Korea's Data Center Industry: Growth and Challenges Amid Power Supply and Regulatory Pressures

The data centre market influencers of technological advancements, such as implementation of cloud computing, deployment of 5G networks, government digitalization initiatives and increasing mobile and internet penetration, have significantly accelerated the demand for data centres.
John Pritchard • 29/10/2024
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