cushman & wakefield maintain ranking as no.1 real estate investment brokerage in mainland china
oct 9, 2021
as reported by rca top global investment brokers 1h 2021
shanghai, october 9, 2021——real capital analytics (rca), a firm specializing in the analysis of global commercial real estate capital markets, has ranked cushman & wakefield in first place for overall and commercial real estate (including office, retail and industrial) investment brokerage transactions in mainland china in the first half of 2021. the rca analysis confirms that cushman & wakefield represented 32% of sell-side transactions among all property types, by total investment volume in mainland china in 1h 2021, securing the top spot among all brokerage firms.
in addition, in mainland china, the cushman & wakefield team took a leading 50% share in retail transactions, and a 34% share in commercial properties including office, retail and industrial. in taiwan, the firm represented 40% of seller transactions of all property types by total investment volume in 1h 2021, also securing first place among all brokerage firms.
kk chiu, international director, chief executive, greater china at cushman & wakefield, said: “congratulations to our capital markets team for their outstanding job, which keeps us firmly at the top in the region despite the global pandemic. we look forward to sustaining the momentum and recovery of market confidence while we set new benchmarks in service excellence and innovative solutions 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: “the rca brokerage ranking is a highly regarded and sought-after honor in the commercial real estate industry. i truly appreciate our capital markets team’s tremendous efforts, which have ensured that we stay on top in the region into the fourth consecutive year. moving forward, we will strive to continue to lead the market and to reach new heights by providing excellent value-added services to our clients.”
alvin yip, president of capital markets, greater china, head of capital markets, china at cushman & wakefield, stated, “in the first half of 2021, our capital markets team concluded several large-scale transactions in mainland china, hitting a formidable transaction volume of rmb20 billion, for both sell- and buy-side. with this achievement, cushman & wakefield has retained the first-place position in the rca ranking for 1h 2021.
“as the covid-19 pandemic has gradually dissipated in mainland china, the market has attracted many investors to seek investment opportunities during the first half of the year, especially in beijing and shanghai. economic activity has rebounded strongly in both cities, and recorded investment volume has grown by 20%. office and retail properties still dominated the investment market with a combined 63% share. with china’s reinforced regulatory governance of the three red lines policy, and related credit tightening measures, we believe this will likely lead to more investment opportunities for deep-pocket buyers. in addition, with the government’s policy priorities around new infrastructure, there is great scope for investor interest in data centers, logistic centers, industrial parks and related areas. we expect to see property transactions in these sectors to significantly increase in the period ahead.”
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 the commercial real estate sales valued at usd 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
tel: 86 10 8519 8040
mandy.qian@cushwake.com
