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REVEALED: 2 | Rare Historical Photos

More Shenzhen Office Space Goes Begging for Tenants

Vacancy rate in prime office buildings tops 24.5% and rents plunge amid a weak environment and a glut of space

Caixin Global

Iconic Toast Rack building put up for sale ahead of major transformation

The site which comprises the Toast Rack, Horseshoe, Gateway site and Stitching Hall

Manchester Evening News

Manchester's iconic Toast Rack building put up for sale

The site already has detailed planning consent for 211 homes

Birmingham Post

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Glasgow commercial property deal-maker sets up agency

The new firm is looking to advise landlords, investors and occupier clients

Insider UK

Housing crisis drives £1bn-a-year boom in UK self-storage

Revenues rose to £990m last year as people unable to upsize their home opt to pile their possessions elsewhere

The Guardian - UK

Office fit out costs across Europe rise 9%, with London most expensive

Businesses wanting a high quality office revamp as they seek more attractive workplaces post-pandemic will find London is the most expensive place in Europe to do so, research shows.

Evening Standard

Accelerating the advancement of women

Cushman & Wakefield, the leading global commercial real estate services firm, is marking International Women’s Day 2023 by recognising the contributions of its female employees and announcing that its Women’s Integrated Network (WIN) has surpassed 500 members across Asia Pacific.

Bangkok Post

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Offices may never fill up again as remote work takes hold

Offices may become "obsolete" in larger numbers by the end of the decade due to the rise of remote work.

Fortune

Outdoor shopping centers are hot, even in the cold

Strip malls and other outdoor shopping centers throughout the Twin Cities suburbs are busier than ever.

Tribune News Service

Chicago’s economy socked with one-two punch of COVID, crime: Here’s how mayoral candidates plan to keep it off the ropes

Mayor Lori Lightfoot describes herself as a “pro-Chicago business” mayor. But on her watch, Boeing and Citadel have left town. On the plus side, Chicago remains a hub for tech start-ups. As Lightfoot seeks reelection, she and her rivals disagree how to revive the economy and restore downtown.

Chicago Sun-Times

Office buildings that offer internal amenities, like restaurants, could be key to luring workers back downtown

CHICAGO — Nearly three years after the onset of the COVID-19 pandemic, many office workers still work from home, especially on Mondays and Fridays, depriving restaurants of the healthy lunch crowds they need to stay afloat and damaging prospects for recovery downtown.

Chicago Tribune

Cushman & Wakefield names new Scottish managing partner

Current boss is stepping back from day-to-day leadership after more than a decade in charge

Insider UK

New Bond Street loses crown as most expensive shopping street in Europe

A shopping street in Rome is now the most expensive in Europe but Fifth Avenue retains top spot in the world

Evening Standard

'Unloved' Leeds office block set to undergo 'major redevelopment'

Work could be finished by 2024

Leeds Live

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Tribune News Service

Seattle's downtown needs office workers. Do workers need offices?

To a casual visitor, the 56-floor Two Union Square building looks well ahead of the pack in downtown Seattle's slow march back to the office.

Birmingham Post

Tetra Pak CPS sells off former Dorset site in £4.55m deal

Packaging manufacturer Ablebox has acquired the facility - and is now planning to double in size and create jobs

Insider UK

Cushman & Wakefield adds 11 to Scottish team

New hires join teams across the property services firm's Glasgow and Edinburgh offices

Benzinga

Morgan Stanley Maintains Overweight Rating for Cushman & Wakefield: Here's What You Need To Know

Morgan Stanley has decided to maintain its Overweight rating of Cushman & Wakefield (NYSE:CWK) and lower its price target from $21.00 to $19.00. Shares of Cushman & Wakefield are trading down 5.18% over the last 24 hours, at $14.97 per share.

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Axios

Real estate firm Cushman & Wakefield held in contempt of court in Trump probe

A New York judge on Wednesday ordered Cushman & Wakefield to pay $10,000 a day until it complies.

Tribune News Service

Target plans a huge new shipping hub in Texas

FORT WORTH, Texas — A North Fort Worth warehouse project that developers say is their largest speculative building ever has landed a big tenant.

Caixin Global

Covid Uncertainty Leaves More Guangzhou Offices Empty

Share of unoccupied Grade-A space in the Guangdong provincial capital was up by 1 percentage point from the past quarter, though the rate remained below that of Beijing and Shenzhen

Benzinga

Expert Ratings for Cushman & Wakefield

Over the past 3 months, 6 analysts have published their opinion on Cushman & Wakefield (NYSE:CWK) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Birmingham Post

Trio of lettings at Birmingham offices

Three new deals have been agreed at One Temple Row

Bangkok Post

Active Industrial & Logistics Market, Rental Rates Increased

•Investor sentiment around the Thai industrial market is rebounding after the COVID-19 pandemic

Benzinga

Best Buy And 3 Other Stocks Insiders Are Selling

US stock futures traded lower this morning on Friday. Investors, meanwhile, focused on some notable insider trades.

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