Cushman & Wakefield’s Office Fit Out Cost Guides provide fit out construction costs for occupiers across key markets around the world. Whether yours is a basic, collaborative or advanced hybrid fit out requirement, regional cost report breakdowns help define capital planning and relocation budgets.
Our three 2025 regional guides include comprehensive fit out cost sections, covering professional fees, furniture, mechanical and electrical works, construction works and other miscellaneous costs, as well as reinstatement costs for 144 cities around the world. The guides also include the inaugural global Contractor Sentiment Survey, offering insights from over 330 responses worldwide. This survey reports on sales activity, workload trends, labor cost trajectory and pricing, as well as captures respondents’ viewpoints over the past six to 12 months while offering a forecast for the year ahead.
Americas Guide 2025 Highlights
The Americas Fit Out Cost Guide evaluates current costs for Generation 1 and Generation 2 projects across 58 cities across North, Central and South America. While the macroeconomic outlook shows promising improvements, driven by easing global supply chain stress and inflation reduction, the sector continues to face challenges. Persistent labor shortages and permitting delays remain significant obstacles.
Key findings include:
- Flight to quality continues to trend across major markets in the U.S. and Canada
- Occupiers intending to lease high-quality offices will be affected by slower new construction activity, meaning they will need to consider fit outs over new construction
- Approximately 89% of general contractors surveyed in the region feel that clients spent as much or more on ESG features compared to recent data. This accelerated spend has contributed to price increases in commodities used for electrification
- Finding skilled talent remains a challenge