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Recent Greater China News
Cushman & Wakefield Hosts Gateway to America Summit to Support Chinese Retail Brands’ U.S. Expansion
As Chinese retail, cultural and creative, and premium consumer brands continue to gain international recognition, an increasing number are accelerating their expansion into global markets. Cushman & Wakefield's Gateway to America Summit in Shanghai convened retail experts from the firm's U.S., Asia Pacific and Greater China teams, focusing on the opportunities and challenges facing Chinese brands entering the U.S. market.
Mandy Qian • 14/10/2026
Greater China Retail Supply/Demand Trends 2026 — Diversified Demands Drive Growth
Total prime retail property stock in the 15 major cities tracked by Cushman & Wakefield in Greater China reached 123.1 million sq m. Supported by policies to boost consumption, new growth drivers in consumption continue to emerge. However, influenced by subdued consumer confidence, the overall average vacancy rate across the 15 major cities rose slightly to 11.2% in Q2 2026.
Mandy Qian • 09/10/2026
Hong Kong Residential Market Sentiment Turns Cautious as Interest Rate Outlook Shifts
The Hong Kong residential market entered a consolidation phase in Q3, with residential transaction numbers dropping 40% q-o-q. Grade A office market total new leased area reached 1.4 million sq ft, the highest quarterly level since 2019. Total retail sales remained resilient with overall high street vacancy broadly stable.
Rosanna Tang • 05/10/2026
Cushman & Wakefield Speaks at RICS China Summit 2026, Sharing Insights into Global Assets and Technology Reshaping Under the New Landscape of the 15th Five-Year Plan
Cushman & Wakefield has participated in the RICS China Summit 2026. The firm’s speakers at the event included KK Chiu, Chief Executive, Greater China, and Chair, RICS China Board; Cathy Liu, Senior Director, Head of Valuation & Advisory Services, Shanghai; and Chris Yang, Head of Valuation & Advisory Services, Beijing and Head of REITs Practice Group.
Mandy Qian • 31/08/2026
Cushman & Wakefield Earns Multiple Distinctions at RICS China Awards 2026
Cushman & Wakefield has again been recognized for its leading service excellence and industry achievements at the Royal Institution of Chartered Surveyors (RICS) China Awards. The firm took home multiple distinctions across service lines at the 2026 awards ceremony.
Mandy Qian • 31/08/2026
Diagnosing the Market: The Chinese Mainland Life Sciences Sector
The life sciences industry in China is continuing to evolve. The industry’s development is being supported by a number of factors. Of the more important elements, four comprise policy, industry growth, population demographic dynamics, and the level of innovation. This report also focuses on the current situation and future prospects of life science industry clusters in China’s four first-tier cities and in Suzhou.
Mandy Qian • 13/06/2024
Office Fit Out Costs Continue to Rise Across Asia Pacific, Albeit at a Much Slower Rate
Average office fit out costs across Asia Pacific continue to rise in 2024, albeit at a much slower rate as compared to a year ago, according to Cushman & Wakefield’s Asia Pacific Office Fit Out Cost Guide 2024. While inflation has started to ease in some markets, concerns about the interest rate environment, supply chain issues and geo-political tensions remain prevalent although there is hope for an economic rebound in the second half of 2024
Mandy Qian • 30/05/2024
Cushman & Wakefield Ranked No. 1 Real Estate Investment Brokerage Firm in Mainland China for 2023 by MSCI
MSCI have ranked Cushman & Wakefield as the No. 1 real estate investment brokerage firm in mainland China in their Global Broker Rankings 2023 report. According to MSCI, Cushman & Wakefield represented 49% of all-sector real asset investment brokerage transactions in mainland China in 2023. In addition, the firm represented 75% and 72% of investment brokerage transactions for office and retail properties in mainland China, respectively.
Mandy Qian • 12/03/2024
Investment Sentiment in Greater Bay Area Picked Up in 2H 2023 as Housing Control Measures Gradually Relaxed
Although the GBA’s residential and investment markets were yet to see a significant rebound following China’s full border reopening, housing market sentiment stabilized in 2H 2023 as China’s central and local governments gradually relaxed residential market control measures. The CRE investment market (large-sized deals at >RMB 100 million) also saw mainland capital and state-owned enterprises more active in reviewing their strategies and seeking investment opportunities.
Rosanna Tang • 18/01/2024
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