Gearing up for growth in Asia-Pacific

REAL estate services group Cushman & Wakefield is turning its focus to building its service lines in its existing markets as well as acquisitions to facilitate its growth across the Asia-Pacific.

Its strategy is driven by key industry trends shaping the global commercial real estate industry. Clients - such as multi-national corporations (MNCs) - today are looking for firms that can provide services in major global markets as they outsource more of their commercial real estate, chief executive (Asia Pacific), Matthew Bouw, said. This helps to enhance efficiencies as well as cost-savings.

"If you're selling an asset in Singapore, you want (access to) all the potential buyers in any city in any country. As the markets globalise, the requirements of investors is becoming deeper," he said