Cushman Wakefield news and archive

Retail Renaissance: Global markets navigate economic turbulence with resilience - report

The global retail sector demonstrates remarkable resilience amid economic headwinds, with super-prime retail destinations maintaining tight vacancy rates and experiencing rental growth, according to the latest Main Street Across the World report by Cushman Wakefield. Despite luxury brands facing revenue slowdowns from 15 percent in 2022 to 0-4...

Retail

Liberty Romford unveils new leasing team

The Liberty Romford, the shopping centre owned and operated by Redical, has appointed Cushman & Wakefield and Green & Partners to act on the retail and food and beverage leasing. The new leasing team will play a “vital strategic role in the wider elevation and evolution” of the shopping centre, explains The Liberty Romford in a statement, as the...

Retail

New York’s Fifth Avenue is the world’s most expensive retail street

New York’s Fifth Avenue has reclaimed its position as the world’s most expensive retail street. The data was released by global commercial real estate services firm Cushman & Wakefield, who said the average rents of 2,000 dollars per sq ft beat Hong Kong’s 1,436 dollars per sq ft and Milan’s via Montenapoleone at 1,380 dollars per sq ft. It is...