ASIA PACIFIC

OFFICE
FIT-OUT
COST
GUIDE
2022
 C U S H M A N & WA K E F I E L D

INTRODUCTION
One clear factor that is a result
of the COVID-19 pandemic so
far has been the resilience of
the Asia Pacific (APAC) region.
However, many uncertainties
remain especially around what the
office of the future will look like
and how employees will occupy
and use that space. With this we
have seen a shift in how corporates
are envisioning their space
requirements, which in turn impacts
fit-out decision-making, all within
an environment where costs are still
being closely scrutinised.

In recognition of this, we have not

only provided cost estimates for
different styles of fit-out, but also
added retrofitting costs to the
Guide as occupiers look for ways
to update and refresh their office
environment but at a lower price
point than a full, new office fit-out.

31
Now, more than ever, Cushman
& Wakefield’s Asia Pacific Office
Fit-out Cost Guide is an essential
tool to assist in corporate real
estate decision-making regarding KEY CITIES
fitting out, retrofitting and ACROSS ASIA
PACIFIC
reinstating office space.

The Guide includes a comprehensive fit-out

cost section covering furniture, professional
fees, construction works, mechanical and
electrical works, IT, audio visual and other
miscellaneous costs.

ASIA PACIFIC OFFICE FIT-OUT COST GUIDE 2022 2

 C U S H M A N & WA K E F I E L D

2022
OUTLOOK
The underlying resilience ECONOMIC RISK DRIVERS FOR 2022
of the Asia Pacific region
has been proven through
the pandemic to date. The
Upside economic
region remains economically risk drivers
buoyant and is forecast to Downside economic Consumer/business
return to leading global risk drivers
Businesses fully
reopen sooner confidence rebounds
growth in the second half of COVID-resurgence
than expected
2022, though risks remain. / Vaccine efficacy
Infrastructure

INFLATION
Government debt International expenditure
At the sub-regional level, wanes
Interest rate rises
travel
varying growth trajectories Geopolitical
tensions
takes off Interest rates kept low
Exchange rate
are expected. India is forecast volatility
to lead the region, with Japan, Consumer
caution
Singapore, Australia and
South Korea all expected to
record above average growth.
Running middle of the pack
and closer to average growth
rates of the 5-years prior
to the pandemic are Hong
Kong, Indonesia and Malaysia.
Slower growth is expected Source: Cushman & Wakefield (2022) “CATCH ‘22”
in Vietnam, Thailand and the
Philippines. While Mainland
China is in this latter group,
it is mainly a reflection of While there is great optimism in the outlook for the region, it
growth normalising after a doesn’t mean that there are no near-term challenges or local
particularly strong 2021. pockets of weakness. Supply chains have eased marginally,
though remain under pressure, especially for goods coming
The region’s office market too from outside the region. Equally, ongoing lockdowns have
has remained resilient, being resulted in acute local labour shortages, especially in
the only region to have posted Southeast Asia as workers relocated out of higher risk urban
consistent, positive office locations to rural areas with lower virus caseloads.
demand since the pandemic
began. A fuller return to KEY HIGHLIGHTS
the office is expected to
strengthen in 2022 as higher
vaccination allows economies
to open more fully, which
together with occupiers
making decisions around
their space requirements,
should drive office demand Economic recovery Regional office Office demand
over the year ahead. In broad is well underway and market has strong across
terms, this means forecast poised to accelerate remained resilient the region
net absorption increasing
from 55 million square feet
(msf) in 2021 to around 74msf
in 2022 before returning to
pre-pandemic levels of around
83msf in 20231.

Supply chains Labour shortages lead

issues lead to price to labour cost increases
increases in many markets
1
Across the 25 markets forecast in Asia Pacific

ASIA PACIFIC OFFICE FIT-OUT COST GUIDE 2022 3

 C U S H M A N & WA K E F I E L D

2022
FIT-OUT
TRENDS

#1
TREND: PLANNING FOR
PERMANENT HYBRID

With Asia Pacific countries in

varying stages of Return to Office,
#2
TREND: DESIGNING FOR
EXPERIENCE

Insights from Cushman & Wakefield’s

bespoke workplace strategy tool,
#3
TREND:
INCORPORATING ESG

Across Asia Pacific, we are

witnessing a defining moment with
occupiers are incorporating an Experience per Square FootTM (XSF), occupiers and investors placing
increasing spectrum of flexible have shown that employees across greater emphasis on Environmental,
working practices. Employee desire all markets desire greater workplace Social, and Governance (ESG)
to work flexibly is, in general, lower flexibility, though to varying degrees. considerations across all aspects of
in Asia Pacific markets than in the Employers are investigating how to their real estate footprint. Here’s why:
U.S. and Europe, however with a embrace greater flexibility while also
wide spectrum of variations within maintaining corporate culture and War for Talent: Nearly 1/3 of
the region. While fit-out typologies equity of employee experience. It millennials place the environment
are changing globally, providing is still early days in resolving these as their top concern and a similar
more collaborative spaces, the shift issues, but occupiers are increasingly proportion also believe that business
in Asia Pacific is likely to be more preferring quality over quantity of should try to improve society. 2 The
muted. With a greater proportion space. High quality buildings that message is clear – to attract the
of employees spending more time provide the highest quality health and best talent, companies need to be
in the office, there is more demand wellbeing credentials are mandatory, visibly addressing sustainability and
for space for focused work in the as is the need for occupiers to wellness.
region. Our clients want to know how provide employees with seamlessly
they can engineer an ideal hybrid integrated technology solutions for Corporate ESG: Corporate occupiers
ecosystem – how much space they both onsite and offsite working. The themselves have already identified
need, what this space should look application of thoughtful design and the need to address these issues.
like, how much it will cost to fit it fit-out standards is crucial in order Many MNCs have publicly recognised
out, and also meet the ever-growing to reflect the role and purpose of the the commitments of the Paris
design demands of the flexible office which is all about experience, Agreement and have started to
workforce. engagement, collaboration, culture enact their own carbon reduction
and wellbeing. commitments.

Green Capital: With capital

raisings increasingly requiring
ESG commitments, landlords are
addressing the issue by targeting
In 2020 and through 2021 the big picture was dominated by investment to higher grade assets or
the COVID-19 pandemic and the impact on the workplace – to reposition secondary grade stock.
namely the need for much of the office-based labour force to Occupiers are increasingly seeking
work from home. Although the rise of the Omicron variant green and wellness certifications
had delayed the return to office in some markets, when for their projects and are engaging
consultants early in the design
employees do start to return to the office and increasingly process to provide inputs in RFPs,
adopt more flexible working practices, we have identified tender review and construction
three key office fit-out trends you can’t ignore in 2022. requirements. Project managers
play a pivotal role here by exposing
clients to the latest workplace
design strategies and assisting the
integration of ESG principles into
their workplace.
2
https://www2.deloitte.com/content/dam/Deloitte/global/Documents/About-Deloitte/deloitte-2019 millennialsurvey.pdf

ASIA PACIFIC OFFICE FIT-OUT COST GUIDE 2022 4

 C U S H M A N & WA K E F I E L D

AVERAGE FIT-OUT COSTS

IN 31 CITIES ACROSS
ASIA PACIFIC

Tokyo 166

Beijing 117
121 Seoul
Busan 116 161 Osaka

Shanghai 114
Delhi 67 157 Nagoya

Shenzhen
Guangzhou 115 119 92 Taipei
Kolkata 62
Hanoi 63 138 Hong Kong
Pune
Mumbai 71
62
64 Hyderabad
87 Manila
Bangkok 85
61 Chennai
Bengaluru 63 61 Ho Chi Minh City

Kuala Lumpur 83

134 Singapore

Jakarta 56

129 Brisbane
Perth 124

Adelaide 124 135 Sydney

Auckland 139

Melbourne 132

Average office fit-out cost (USD per sq ft)

ASIA PACIFIC OFFICE FIT-OUT COST GUIDE 2022 5

 C U S H M A N & WA K E F I E L D

RANK REGION CITY AVERAGE COST

(USD PER SQ FT)

1 NORTH ASIA TOKYO 166

2 NORTH ASIA OSAKA 161

3 NORTH ASIA NAGOYA 157

4 AUSTRALIA & NEW ZEALAND AUCKLAND 139

5 GREATER CHINA HONG KONG 138

6 AUSTRALIA & NEW ZEALAND SYDNEY 135

7 SOUTHEAST ASIA SINGAPORE 134

8 AUSTRALIA & NEW ZEALAND MELBOURNE 132

9 AUSTRALIA & NEW ZEALAND BRISBANE 129

10= AUSTRALIA & NEW ZEALAND ADELAIDE 124

10= AUSTRALIA & NEW ZEALAND PERTH 124

12 NORTH ASIA SEOUL 121

13 GREATER CHINA SHENZHEN 119

14 GREATER CHINA BEIJING 117

15 NORTH ASIA BUSAN 116

16 GREATER CHINA GUANGZHOU 115

17 GREATER CHINA SHANGHAI 114

18 GREATER CHINA TAIPEI 92

19 SOUTHEAST ASIA MANILA 87

20 SOUTHEAST ASIA BANGKOK 85

21 SOUTHEAST ASIA KUALA LUMPUR 83

22 INDIA MUMBAI 71

23 INDIA DELHI 67

24 INDIA HYDERABAD 64

25= SOUTHEAST ASIA HANOI 63

25= INDIA BENGALURU 63

27= INDIA PUNE 62

27= INDIA KOLKATA 62

29= SOUTHEAST ASIA HO CHI MINH CITY 61

29= INDIA CHENNAI 61

31 SOUTHEAST ASIA JAKARTA 56

ASIA PACIFIC OFFICE FIT-OUT COST GUIDE 2022 6

 C U S H M A N & WA K E F I E L D

FIT-OUT
CLASSIFICATIONS

Basic
BASIC HYBRID
Hybrid
> One-to-one assigned workstations
supplemented with additional spaces for
group work

> Full time occupation is the norm

> Support functions are limited to basic pantry

area, generic meeting rooms and limited
drop-in collaborative spaces

Collaborative
COLLABORATIVE HYBRID
Hybrid
> Mixture of one-to-one assigned workstations
with zones of non-assigned work-points

> Flexible working practices are adopted

> Support functions include an expanded

break-out area, variety of meeting rooms
and dispersed collaborative spaces

Advanced
ADVANCED HYBRID
Hybrid
> Majority non-assigned workstations and
work-points

> Flexible work hours adopted with a formal

corporate work from home policy also in
operation

> Support functions include multi-functional

break-out area, variety of meeting rooms,
dispersed collaborative spaces augmented
with specialist lifestyle elements such as
library, focus and relaxation zones

Photo: Cushman & Wakefield Melbourne

ASIA PACIFIC OFFICE FIT-OUT COST GUIDE 2022 7

 C U S H M A N & WA K E F I E L D

ASIA PACIFIC
FIT-OUT COSTS
BY MARKET
USING THE GUIDE

Estimated costs provided

herein are indicative of market
averages based on certain
assumptions. Exact costs for
specific projects may differ to
those presented here, and so
we recommend engaging a
Project & Development Services
professional to advise on precise
costings based on your unique
construction requirements.

ASIA PACIFIC OFFICE FIT-OUT COST GUIDE 2022 8

 C U S H M A N & WA K E F I E L D

AUSTRALIA &
NEW ZEALAND
RETROFIT COST
FIT-OUT COST (USD PER SQ FT)
(USD PER SQ FT)
BASIC COLLABORATIVE ADVANCED
CITY AVERAGE
HYBRID HYBRID HYBRID

ADELAIDE 85 124 205 75

BRISBANE 86 129 215 77
MELBOURNE 88 132 220 79
PERTH 72 124 206 75
SYDNEY 90 135 225 81
AUCKLAND 71 139 218 84

REINSTATEMENT COST (USD PER SQ FT)

CITY LOW AVERAGE HIGH

ADELAIDE 7 11 20

BRISBANE 7 12 21

MELBOURNE 8 12 22

PERTH 6 11 21

SYDNEY 8 13 22

AUCKLAND 8 12 18

“ALL-IN” FIT-OUT COSTS

100%

90% 19% 20% 18%

22% 23% 23%

80%
11% 11% 13%
11% 10% 10%
70%

60%
32% 31% 32%
50% 31% 32% 31%

40%

30%
20% 20% 20% 19% 21%
19%
20%

10% 18% 18% 17%

17% 16% 16%

0%
ADELAIDE BRISBANE MELBOURNE PERTH SYDNEY AUCKLAND

FURNITURE M&E WORKS CONSTRUCTION WORKS AV/IT PROFESSIONAL FEES

ASIA PACIFIC OFFICE FIT-OUT COST GUIDE 2022 9

 C U S H M A N & WA K E F I E L D

GREATER
CHINA
RETROFIT COST
FIT-OUT COST (USD PER SQ FT)
(USD PER SQ FT)
BASIC COLLABORATIVE ADVANCED
CITY AVERAGE
HYBRID HYBRID HYBRID

BEIJING 82 117 185 30

GUANGZHOU 65 115 180 38
HONG KONG 85 138 223 65
SHANGHAI 75 114 182 30
SHENZHEN 65 119 180 38
TAIPEI 62 92 148 45

REINSTATEMENT COST (USD PER SQ FT)

CITY LOW AVERAGE HIGH

BEIJING 7 12 15

GUANGZHOU 5 8 14

HONG KONG 18 30 58

SHANGHAI 6 11 15

SHENZHEN 5 8 14

TAIPEI 11 13 16

“ALL-IN” FIT-OUT COSTS

100%
11% 10% 9% 10% 10% 9%
90%
11% 14%
13% 15% 14% 15%
80%

70%

60% 30% 38% 31% 30%

34% 38%

50%

40%

30% 30% 31% 30%

29% 30% 27%
20%

10%
13% 15% 12% 14% 15% 12%
0%
BEIJING GUANGZHOU HONG KONG SHANGHAI SHENZHEN TAIPEI

FURNITURE M&E WORKS CONSTRUCTION WORKS AV/IT PROFESSIONAL FEES

ASIA PACIFIC OFFICE FIT-OUT COST GUIDE 2022 10

 C U S H M A N & WA K E F I E L D

INDIA
RETROFIT COST
FIT-OUT COST (USD PER SQ FT)
(USD PER SQ FT)
BASIC COLLABORATIVE ADVANCED
CITY AVERAGE
HYBRID HYBRID HYBRID
BENGALURU 35 63 123 55
CHENNAI 36 61 119 54
DELHI 38 67 130 59
HYDERABAD 36 64 125 56
KOLKATA 34 62 121 55
MUMBAI 43 71 138 65
PUNE 35 62 122 55

REINSTATEMENT COST (USD PER SQ FT)

CITY LOW AVERAGE HIGH

BENGALURU 6 8 12

CHENNAI 5 8 12

DELHI 6 8 13

HYDERABAD 5 8 12

KOLKATA 5 8 12

MUMBAI 7 9 14

PUNE 5 8 13

“ALL-IN” FIT-OUT COSTS

100%
12% 12% 13% 13% 13% 12% 13%
90%

80% 17% 19% 17%

18% 18% 18% 18%

70%

60% 24% 23%

24% 24% 23% 23% 24%
50%

40%

30% 31% 30% 30% 30% 34%

31% 32%

20%

10%
16% 14% 15% 16% 16% 14% 13%
0%
BENGALURU CHENNAI DELHI HYDERABAD KOLKATA MUMBAI PUNE

FURNITURE M&E WORKS CONSTRUCTION WORKS AV/IT PROFESSIONAL FEES

ASIA PACIFIC OFFICE FIT-OUT COST GUIDE 2022 11

 C U S H M A N & WA K E F I E L D

NORTH
ASIA
RETROFIT COST
FIT-OUT COST (USD PER SQ FT)
(USD PER SQ FT)
BASIC COLLABORATIVE ADVANCED
CITY AVERAGE
HYBRID HYBRID HYBRID

NAGOYA 89 157 227 73

OSAKA 90 161 232 74
TOKYO 95 166 236 77
BUSAN 72 116 209 58
SEOUL 69 121 203 63

REINSTATEMENT COST (USD PER SQ FT)

CITY LOW AVERAGE HIGH

NAGOYA 13 27 38

OSAKA 14 26 38

TOKYO 15 26 39

BUSAN 12 16 28

SEOUL 14 18 28

“ALL-IN” FIT-OUT COSTS

100%

16% 13% 14%

90% 17% 18%

80% 13% 13%

12% 12% 12%
70%

60%
34% 33%
37% 36% 35%
50%

40%

30% 23%
20% 24%
19% 21%
20%

10% 17%
16% 15% 14% 16%

0%
NAGOYA OSAKA TOKYO BUSAN SEOUL

FURNITURE M&E WORKS CONSTRUCTION WORKS AV/IT PROFESSIONAL FEES

ASIA PACIFIC OFFICE FIT-OUT COST GUIDE 2022 12

 C U S H M A N & WA K E F I E L D

SOUTHEAST
ASIA
RETROFIT COST
FIT-OUT COST (USD PER SQ FT)
(USD PER SQ FT)
BASIC COLLABORATIVE ADVANCED
CITY AVERAGE
HYBRID HYBRID HYBRID
JAKARTA 46 56 91 23
KUALA LUMPUR 63 83 132 53
MANILA 61 87 135 38
SINGAPORE 82 134 193 50
BANGKOK 53 85 151 60
HANOI 41 63 94 31
HO CHI MINH CITY 44 61 93 30

REINSTATEMENT COST (USD PER SQ FT)

CITY LOW AVERAGE HIGH

JAKARTA 8 11 13

KUALA LUMPUR 8 12 14

MANILA 10 13 17

SINGAPORE 11 15 21

BANGKOK 7 10 12

HANOI 5 6 8

HO CHI MINH CITY 5 7 10

“ALL-IN” FIT-OUT COSTS

100%
11% 10% 10% 10% 10%
12% 14%
90%
11% 12%
80% 19% 15% 21%
15% 21%

70%
28%
60% 30% 36%
24% 24%
32%
35%
50%

40%
28%
30% 28% 28%
24% 28% 28%
20%
20%

10% 22%
15% 15% 14% 16% 17% 17%

0%
JAKARTA KUALA LUMPUR MANILA SINGAPORE BANGKOK HANOI HCMC

FURNITURE M&E WORKS CONSTRUCTION WORKS AV/IT PROFESSIONAL FEES

ASIA PACIFIC OFFICE FIT-OUT COST GUIDE 2022 13

 C U S H M A N & WA K E F I E L D

AVERAGE COSTS AT A GLANCE

IN USD/SQFT
REGION CITY FIT-OUT RETROFIT REINSTATEMENT

AUSTRALIA & NEW ZEALAND ADELAIDE 124 75 11

AUSTRALIA & NEW ZEALAND BRISBANE 129 77 12

AUSTRALIA & NEW ZEALAND MELBOURNE 132 79 12

AUSTRALIA & NEW ZEALAND PERTH 124 75 11

AUSTRALIA & NEW ZEALAND SYDNEY 135 81 13

AUSTRALIA & NEW ZEALAND AUCKLAND 139 84 12

GREATER CHINA BEIJING 117 30 12

GREATER CHINA GUANGZHOU 115 38 8

GREATER CHINA HONG KONG 138 65 30

GREATER CHINA SHANGHAI 114 30 11

GREATER CHINA SHENZHEN 119 38 8

GREATER CHINA TAIPEI 92 45 13

INDIA BENGALURU 63 55 8

INDIA CHENNAI 61 54 8

INDIA DELHI 67 59 8

INDIA HYDERABAD 64 56 8

INDIA KOLKATA 62 55 8

INDIA MUMBAI 71 65 9

INDIA PUNE 62 55 8

NORTH ASIA NAGOYA 157 73 27

NORTH ASIA OSAKA 161 74 26

NORTH ASIA TOKYO 166 77 26

NORTH ASIA BUSAN 116 58 16

NORTH ASIA SEOUL 121 63 18

SOUTHEAST ASIA JAKARTA 56 23 11

SOUTHEAST ASIA KUALA LUMPUR 83 53 12

SOUTHEAST ASIA MANILA 87 38 13

SOUTHEAST ASIA SINGAPORE 134 50 15

SOUTHEAST ASIA BANGKOK 85 60 10

SOUTHEAST ASIA HANOI 63 31 6

SOUTHEAST ASIA HO CHI MINH CITY 61 30 7

ASIA PACIFIC OFFICE FIT-OUT COST GUIDE 2022 14

 C U S H M A N & WA K E F I E L D

AVERAGE COSTS AT A GLANCE

IN LOCAL METRICS
REGION CITY METRIC FIT-OUT RETROFIT REINSTATEMENT

AUSTRALIA & NEW ZEALAND ADELAIDE AUD/sqm 1,831 1,099 165

AUSTRALIA & NEW ZEALAND BRISBANE AUD/sqm 1,904 1,142 171

AUSTRALIA & NEW ZEALAND MELBOURNE AUD/sqm 1,947 1,168 175

AUSTRALIA & NEW ZEALAND PERTH AUD/sqm 1,831 1,099 165

AUSTRALIA & NEW ZEALAND SYDNEY AUD/sqm 1,991 1,194 192

AUSTRALIA & NEW ZEALAND AUCKLAND NZD/sqm 2,175 1,305 183

GREATER CHINA BEIJING RMB/sqm 8,052 2,065 826

GREATER CHINA GUANGZHOU RMB/sqm 7,915 2,615 551

GREATER CHINA HONG KONG HKD/sqft 1,062 500 231

GREATER CHINA SHANGHAI RMB/sqm 7,846 2,065 757

GREATER CHINA SHENZHEN RMB/sqm 8,190 2,615 551

GREATER CHINA TAIPEI TWD/ping 86,589 42,353 12,235

INDIA BENGALURU INR/sqft 4,584 4,046 605

INDIA CHENNAI INR/sqft 4,433 3,913 580

INDIA DELHI INR/sqft 4,884 4,311 619

INDIA HYDERABAD INR/sqft 4,661 4,114 608

INDIA KOLKATA INR/sqft 4,530 3,998 575

INDIA MUMBAI INR/sqft 5,153 4,755 681

INDIA PUNE INR/sqft 4,558 4,023 611

NORTH ASIA NAGOYA JPY/tsubo 613,908 285,448 105,577

NORTH ASIA OSAKA JPY/tsubo 629,549 289,358 101,666

NORTH ASIA TOKYO JPY/tsubo 649,100 301,089 101,666

NORTH ASIA BUSAN KRW/sqm 1,468,969 734,485 202,616

NORTH ASIA SEOUL KRW/sqm 1,532,287 797,802 227,944

SOUTHEAST ASIA JAKARTA IDR/sqm 8,076,923 3,317,308 1,586,538

SOUTHEAST ASIA KUALA LUMPUR MYR/sqft 344 220 50

SOUTHEAST ASIA MANILA PHP/sqm 44,973 19,644 6,720

SOUTHEAST ASIA SINGAPORE SGD/sqft 181 68 20

SOUTHEAST ASIA BANGKOK THB/sqm 29,998 21,175 3,529

SOUTHEAST ASIA HANOI VND/sqm 15,586,875 7,669,732 1,484,464

SOUTHEAST ASIA HO CHI MINH CITY VND/sqm 15,091,852 7,422,222 1,731,852

ASIA PACIFIC OFFICE FIT-OUT COST GUIDE 2022 15

 C U S H M A N & WA K E F I E L D

PROJECT &
DEVELOPMENT
SERVICES (PDS)
CUSTODIANS OF CAPITAL HOW WE HELP OCCUPIERS AND INVESTORS

EXPENDITURE

Cushman & Wakefield is a

trusted partner for occupiers
and investors to manage their
capital expenditure and project
delivery in Asia Pacific. By
seeing things differently, we
anticipate market changes and
are first to capitalise, ensuring
clients and the business can be OCCUPIERS INVESTORS

what’s next in their respective

sectors.

Leveraging our global

networks and local experience,
we prudently optimise capital
expenditure and deliver
integrated design, project and
construction management
services for our clients. We
listen closely to our clients,
2021 STATISTICS
fully understanding their
project goals and business
needs while driving business
results well beyond project
delivery “on time and on 950+ 120M+
budget”. PROFESSIONALS SQ FT UNDER PROJECT
MANAGEMENT

Our interdisciplinary teams

use data-driven, predictive
analytics to provide strategic
750+ 53 OFFICES
ACROSS
and forward-looking advice
to guide our clients through
PROJECTS ON-GOING
14 MARKETS IN
ASIA PACIFIC

the entire real estate decision-

making process, unearthing
innovative facility solutions
critical for productivity US$5B+
PROJECTS CAPEX VALUE
and maximising return on
investment.

ASIA PACIFIC OFFICE FIT-OUT COST GUIDE 2022 16

CONTACTS

RESEARCH
Dr Dominic Brown
Head of Insight and Analysis, Asia Pacific
[email protected]

PROJECT & DEVELOPMENT SERVICES

ASIA PACIFIC
Tom Gibson Andrew Carmichael
Head of PDS, Asia Pacific Client Services, Asia Pacific
[email protected] [email protected]

AUSTRALIA SOUTHEAST ASIA SINGAPORE

Mitch Wilson Riaz Khan Grant Carter
[email protected] [email protected] [email protected]

NEW ZEALAND INDONESIA GREATER CHINA – MAINLAND

Todd Hanrahan Dwitje Wangsadiputra David Shi
[email protected] [email protected] [email protected]

JAPAN MALAYSIA GREATER CHINA – HONG KONG

Yasushi Otomo Poonish Viramuthu Bryant Cheung
[email protected] [email protected] [email protected]

SOUTH KOREA PHILIPPINES GREATER CHINA – TAIWAN

Jaehong Lee Haidee Lim Gary Chan
[email protected] [email protected] [email protected]

INDIA (INVESTORS) THAILAND

Manish Goel Riaz Khan
[email protected] [email protected]

INDIA (OCCUPIERS) VIETNAM

Shashi Bushan Thanh Nguyen
[email protected] [email protected]

AMERICAS EMEA
Brian Ungles Nic Wilkinson
[email protected] [email protected]

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 50,000 employees in over 400 offices and 60 countries.
In 2020, the firm had revenue of $7.8 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.