cushman & wakefield again ranked no.1 commercial real estate investment brokerage in greater china as reported by rca h1 2020 global brokerage analysis
oct 21, 2020
shanghai, october 21, 2020——real capital analytics (rca), a firm specializing in the analysis of global commercial real estate capital markets, again ranked cushman & wakefield in first place for investment brokerage transactions in greater china, in their h1 2020 global brokerage analysis.
the rca analysis confirms that cushman & wakefield represented 37% of sell-side transactions, priced at us$2.2 billion, by total investment volume in greater china in the first half of 2020, securing the top spot among all brokerage firms.
kk chiu, international director, chief executive, greater china at cushman & wakefield, stated: “cushman & wakefield achieved first place for investment brokerages in greater china for two consecutive years in 2018 and 2019. in the first half of 2020 we again attained first place position despite the challenging economic environment, reflecting both our performance excellence and our leading position in the industry. while we are facing the pandemic’s unprecedented impact on the economy, we are confident that we can continue to set new benchmarks and to help drive the market recovery for our clients and the industry at large.”
francis li, international director, vice president, greater china, head of capital markets, greater china at cushman & wakefield, said: “we are honored to learn that our team has achieved first place in the rca rankings for the first half of 2020. this is not only recognition of our team’s excellent performance, but also a great encouragement to us. i hope that our team will make an all-out effort in every transaction to achieve greater success, to continue to embrace change, and to drive further benchmarks.”
alvin yip, president of capital markets, greater china, head of capital markets, china at cushman & wakefield, said, “the covid-19 pandemic has undoubtedly influenced the real estate market this year, as it raised uncertainty and impeded economic activity, but a great team with professionalism and excellence will always shine in adversity. ranking first place for greater china in rca’s h1 2020 global brokerage analysis not only reflects our team’s professional competence, but also illustrates that we have won wide recognition from our clients and from the market. moving forward, we will strive to continue to lead the market and to reach new heights by providing the highest level of value-added services to our clients.”
real capital analytics, inc. (rca), an independent research and analysis firm focusing on commercial real estate in the capital markets, provides the industry's most in-depth, comprehensive and timely information on trading activities and capital flow. rca's top global investment brokers records commercial real estate sales valued at us$10 million or more worldwide, and ranks the top 25 brokers based on their volume of brokered transactions.
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about cushman & wakefield
cushman & wakefield (nyse: cwk) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. cushman & wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. across greater china, 22 offices are servicing the local market. the company won four of the top awards in the euromoney survey 2017, 2018 and 2020 in the categories of overall, agency letting/sales, valuation and research in china. in 2019, the firm had revenue of $ 8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. to learn more, visit www.cushmanwakefield.com or follow @cushwake on twitter.
for further information, please contact:
mandy qian
director, marketing & communications, greater china
tel: 86 10 8519 8040