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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

apac-inclusive-cities
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

APAC Data Centre news card image
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

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

Cushman & Wakefield successfully completes sales of data center developable site in Jukjeon-dong
Cushman & Wakefield successfully completes sales of data center developable site in Jukjeon-dong

On October 26th, Cushman & Wakefield announced they had successfully completed advising the disposition of the data center site in Jukjeon-Dong.

Hena Park • 16/11/2020

Global Office Outlook (image)
Cushman & Wakefield Releases 2020 Global Office Impact Study

Study predicts office sector recovery to be slow, but full recovery expected despite work-from-home trend

Hena Park • 07/10/2020

Aubrey Wadell as Global Occupier Services’ Head of Commercial Operations

GLOBAL PRESS RELEASES

main streets 2024.jpg
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

Vitor Cajus
Cushman & Wakefield appoints new Head of Project & Development Services

Vítor Cajus will lead a department that provides architecture, project management, design, and construction services for corporate spaces in sectors such as offices, retail, hospitality, and more.

21/11/2024

RELATED INSIGHTS

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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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Research • Investment / Capital Markets

Logistics Tenant Profile #19 - Korea Logistics Microcosm, Yongin

Yongin is a traditional logistics cluster with an excellent transportation network, and the logistics area is gradually expanding to the, A(Giheung, Suji), B(Yangji, Baekam, Wonsam), and C(Namsa), along the wide-area transportation network.
Carter Kim • 29/10/2024
Rethinking the office sector
Research • Workplace

Rethinking the office sector in Asia Pacific

Our report takes a deeper dive into the underlying dynamics and drivers across The APAC region’s major markets and provides a roadmap for asset optimisation.
21/06/2023
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