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Cushman & Wakefield and Corenet Global Release New Survey Results On “What Occupiers Want”

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8 months ago

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Cost remains king, but talent, flexibility, and service are reshaping real estate strategy globally

HONG KONG SAR – Media OutReach Newswire – 2 July 2025 – Cushman & Wakefield (NYSE: CWK), in partnership with CoreNet Global, the global professional association for corporate real estate, has released new survey results revealing how corporate real estate (CRE) priorities are evolving in response to cost pressures, shifting organizational models, a stabilizing office footprint, and the growing demand for workplace flexibility and service.

Findings from the What Occupiers Want 2025 survey—reflecting the views of CRE decision-makers across the Americas (52%), EMEA (34%) and APAC (14%)—highlight an industry at a strategic crossroads, as companies balance traditional cost control measures with new imperatives around talent, culture, and portfolio agility. The views represent approximately 8.1 million employees globally and approximately 340M square feet of floor area.

“The survey shows that while cost discipline remains essential, organizations are increasingly recognizing that real estate decisions directly impact employee experience, engagement, and overall business performance,” said Despina Katsikakis, Global Lead, Total Workplace Consulting at Cushman & Wakefield. “This marks a critical opportunity for CRE leaders to shape strategies that deliver both financial and workforce value.”

Cost Still Reigns, but Uncertainty Dominates Decision-Making

Cost control remains the top driver of corporate real estate decisions globally, as CRE leaders face continued pressure to reduce or optimize spending. Financial KPIs—particularly cost, efficiency, and space utilization—still dominate strategy.

However, uncertainty looms large. Political instability, changing workplace behaviors, and unclear ROI metrics have left many organizations hesitant to act boldly. Compounding this, environmental, social, and governance (ESG) priorities—once on the rise—have slipped back to pre-2021 levels in global importance, though they remain a top concern in EMEA and APAC regions.

CRE Organizational Models Are Evolving—And Metrics Must Keep Pace

One of the report’s most striking findings: nearly one-third (29%) of companies that recently changed their CRE reporting structure now have real estate teams reporting to Human Resources.

“This shift highlights a growing understanding that corporate real estate is about people, culture, and experience—not just space and cost,” said Katsikakis. “But to make this evolution meaningful, organizations need new performance metrics that link workplace investments to employee experience, engagement, and productivity—not just financial outcomes.”

Despite these organizational changes, most companies continue to rely heavily on traditional financial measures. The report calls for a balanced scorecard approach that bridges the gap between cost control and workforce impact.

Downsizing Has Peaked as Occupiers Stabilize Portfolios

After several years of footprint reduction, the era of mass downsizing appears to be over. Only 32% of companies plan further space cuts, while 1 in 8 occupiers plan to expand their footprint. Meanwhile, average office lease sizes have grown by 13% since 2023.

Office utilization rates are stabilizing as well, with global occupancy levels settling between 51% and 60%—still below pre-pandemic norms but rising steadily as more firms implement structured return-to-office policies.

Landlords Must Step Up as the Office Becomes a Service

Tenants are demanding more from their landlords—85% of occupiers now expect landlords to provide enhanced amenities, services, and workplace experiences, and nearly half (46%) are willing to pay a premium for these upgrades.

Top-tier office space commands a nearly double-digit rental premium as a result. Yet there remains a gap between expectation and delivery: only 60% of employees believe their current workplace fully supports collaboration, relationships, and culture-building—the very elements that draw people back to the office.

Flexible Location Strategies Are the New Talent Imperative

Flexible hiring practices are now standard, with 61% of companies adapting their real estate strategies to access diverse talent pools across multiple geographies. Regional trends show varied approaches:

  • In the Americas, hybrid and country-level hiring dominate.
  • EMEA firms favor selective global hiring where presence already exists.
  • APAC leads in expanding remote hiring options.

Technology talent remains in high demand, particularly in APAC, where growth outpaces that of the Americas and EMEA.

The 2025 What Occupiers Want survey reveals a CRE industry in transition: while cost pressures remain paramount, leading organizations are redefining value beyond financial savings.

“To drive meaningful impact, CRE leaders must champion new, integrated performance frameworks that reflect the true business value of the workplace,” said Katsikakis. “Real estate decisions are no longer just about the bottom line—they’re about workforce performance, culture, and competitive advantage.”

Spotlight: Chinese Mainland

On the Chinese mainland, occupier strategies are aligning with the broader Asia Pacific trends – but with distinct local drivers. Companies continue to prioritize cost optimization and footprint efficiency, but there is a growing shift toward premium office space in core business districts, especially among financial, professional services, and high-tech sectors.

Return-to-office policies are further along compared to other global markets, with hybrid models giving way to more structured, on-site work requirements. Occupiers are seeking environments that enhance collaboration, innovation, and talent retention – particularly in Shanghai, Beijing, and Shenzhen, where talent competition remains intense.

“Occupiers in China are increasingly focused on quality—not just in location and amenities, but in how the workplace supports business strategy and employee wellbeing,” said Jonathan Wei, Head of Project and Occupier Services, China at Cushman & Wakefield. “Landlords who can deliver integrated, experience-driven environments with flexible, tech-enabled solutions are strongly positioned to attract and retain long-term tenants.”
Hashtag: #Cushman&Wakefield

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About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2024, the firm reported revenue of $9.4 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit or follow us on LinkedIn ().

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Global Neighbors @Yiwu: Turning a Foreign Land into Home

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21 hours ago

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17/02/2026

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YIWU, CHINA –

This year, three expatriates shared their unique Chinese New Year experiences in Yiwu.

For Lina from Ukraine, the festival is a visual feast of “Chinese Red.” Having lived in Yiwu for five years, she immerses herself in local traditions, shopping for “Get-Rich Horse” dolls for the upcoming Year of the Horse and buying traditional red outfits to take back to her home country.

For He Lvsheng, the holiday offers a chance to find a comfortable rhythm. While he notes that the New Year isn’t celebrated with the same intensity in his home country, in Yiwu, he enjoys the festive atmosphere by buying food and toys for friends while maintaining his daily fitness routine.

For foreign businessman Weihua, the Spring Festival is about unity. He celebrates by pasting spring couplets with his Chinese employees and handing out “Hongbao” (red envelopes), turning business partners into family.

From the scent of ink on couplets to the shared joy of the holidays, Yiwu’s inclusive environment allows entrepreneurs and residents from around the world to strive, live, and turn a foreign land into home.

Hashtag: #Yiwu

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“The Olympics of Astrophysics and Space Science” APRIM2026 Makes Hong Kong Debut

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2 days ago

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16/02/2026

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Gathering Global Experts Delivering Insights from the forefront of Space Science and Sustainability

HONG KONG SAR – Media OutReach Newswire – 16 February 2026 – In a landmark development for the region’s scientific community, Hong Kong has been selected to host the Asia-Pacific Regional IAU Meeting (APRIM) for the first time. Dubbed the “The Olympics of Astrophysics and Space Science,” this prestigious event will take place from May 4 to 8, 2026, at the Hong Kong Convention and Exhibition Centre (HKCEC).

Organised by the International Astronomical Union (IAU) and hosted by The University of Hong Kong’s Laboratory for Space Research (LSR), the conference will feature Nobel and Shaw laureates, together with other distinguished scientists from around the world. As a leading astronomical gathering in the Asia-Pacific, the event represents a significant milestone for Hong Kong, underscoring its pivotal role in fundamental research, STEM education, and international collaboration.

A Convergence of Minds in a Burgeoning Space Hub

Professor Quentin Parker, Chair of the APRIM2026 and Director of the HKU Laboratory for Space Research, noted that bringing the “The Olympics of Astrophysics and Space Science” to Hong Kong demonstrates the city’s capacity to serve as a global nexus for astrophysics and space science.

“As Chair of this historic meeting, I am honoured to welcome the global Astrophysics and Space Science community to Hong Kong. We aim to use this platform not only to showcase our city’s capabilities in the ‘New Space’ era but to inspire the next generation of scientists to pursue the unknown,” said Prof. Parker.

Professor Xue Suijian, former Deputy Director of the National Astronomical Observatories of the Chinese Academy of Sciences, attributed the IAU’s decision to Hong Kong’s highly international environment and academic excellence. He highlighted the city’s growing contributions to deep-space exploration, planetary science, and big data analysis, cementing its role as a bridge for international scientific exchange.

Bridging Fundamental Research and Future Possibilities

While rooted in academic rigour, APRIM 2026 also addresses the paradigm shift from government-led initiatives to the democratised era of “New Space.” The conference offers a platform that links theoretical astrophysics with real-world applications.

Aligning with the global scientific agenda, the conference is expected to bring together nearly 1,000 experts. Discussions will span from the origins of the universe to emerging directions in space exploration, covering key areas such as Planetary Science, Stellar Evolution, and Cosmology. The event will also seek to bridge academia and industry, exploring how frontier technologies can contribute to addressing global challenges.

Championing Space Sustainability

A defining feature of APRIM2026 is its focus on “Space Sustainability.” With the growing density of satellite constellations in low Earth orbit, the scientific community faces urgent challenges, particularly in relation to space debris and light pollution.

Through dedicated sessions and public engagement, the conference will tackle these critical issues, advocating for responsible stewardship of the cosmic environment. By integrating these discussions with outreach sessions including youth-focused workshops, the event aims to cultivate a scientifically literate generation ready to steward the future of space exploration.

Professor Luis C. Ho, Director of the Kavli Institute for Astronomy and Astrophysics at Peking University, described the meeting as a vital platform for strengthening Asia-Pacific research collaboration. He noted that the event marks a shift from pure fundamental research to industrial application, allowing high-tech solutions to serve the public and open the “blue ocean” of the space economy.

The issuer is solely responsible for the content of this announcement.

About the Organisations

International Astronomical Union (IAU) The IAU brings together over 13,000 professional astronomers from more than 85 countries. Its mission is to promote and safeguard the science of astronomy in all its aspects through international cooperation. For more information, please see the following link.:

HKU Laboratory for Space Research (LSR) is an interdisciplinary center at The University of Hong Kong dedicated to advancing space science, planetary research, and high-energy astrophysics through satellite research and academic collaboration. For more information, please see the following link.:

Diamond Sponsor

  • The Shaw Prize

Gold Sponsor

  • Center for Space Utilization, Chinese Academy of Sciences (CSU)

Bronze Sponsor

  • Hong Kong (International) Aerospace Charitable Foundation

Organisers

  • Laboratory for Space Research of the University of Hong Kong (LSR)
  • International Astronomical Union (IAU)

Official PR

  • MEMO PLUS PR & CONSULTANTS

Supporting Organisations

  • Feilong Aerospace Technology Ltd
  • Orion Astropreneur Space Academy (OASA)
  • Hong Kong Tourism Board
  • Purple Mountain Observatory, Chinese Academy of Sciences
  • The University of Hong Kong (HKU)
  • Kavli Institute for Astronomy and Astrophysics at Peking University (KIAA-PKU)
  • Satcom Industry Association (SIA-India)
  • National Astronomical Observatories, Chinese Academy of Sciences (NAOC)
  • International Centre for Radio Astronomy Research (ICRAR)
  • International Space Centre at the University of Western Australia (ISC)
  • Hong Kong Laureate Forum
  • Our Hong Kong Foundation
  • National Institutes of Natural Sciences (NINS)
  • National Astronomical Observatory of Japan (NAOJ)
  • Hong Kong Institute of Science & Innovation, Chinese Academy of Sciences
  • Academia Sinica Institute of Astronomy and Astrophysics (ASIAA)
  • Three Country Trusted Broker (TCTB)
  • United Nations Office for Outer Space Affairs (UNOOSA)

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Ushering in a Year of Prosperity: Celebrating Thailand’s Chinese New Year Festival Siam Paragon Joins Forces with TAT and Kasikornbank to Launch “Siam Paragon A Prosperous Chinese New Year 2026”

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2 days ago

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16/02/2026

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Showcasing Spectacular Entertainment and Chinese Cultural Performances, Featuring Renowned Chinese Artist “Zhu Zhengting” to Bless the People of Thailand in the Heart of the City

BANGKOK, THAILAND – Media OutReach Newswire – 16 February 2026 – Siam Paragon, Thailand’s premier global landmark and the top destination in the hearts of Thai people and international tourists, has partnered with the Tourism Authority of Thailand (TAT) and Kasikornbank, ushers in a grand celebration for the Year of the Horse. The event “Siam Paragon A Prosperous Chinese New Year 2026,” bringing an array of rare cultural performances from China to offer a magnificent experience in the heart of Bangkok, The celebration also features special performances by leading Thai artists and an exclusive appearance from Chinese superstar “Zhu Zhengting,” who flew in to deliver New Year blessings to Thai fans at Parc Paragon, Siam Paragon.

The Grand Opening Ceremony, held on 14 February 2026, was honored by the presence of Atthakorn Sirilatthayakorn, Minister of Tourism and Sports, alongside Mr. Han Zhiqiang, Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Thailand, who both joined in delivering Chinese New Year blessings. Also in attendance were Thapanee Kiatphaibool, Governor of the Tourism Authority of Thailand (TAT); Chadatip Chutrakul, Chief Executive Officer of Siam Piwat Group; and Mayuree Chaipromprasith, President of Corporate Affairs and Communications at Siam Piwat Co., Ltd., all gathered amidst a grand and festive atmosphere. The event captivated the audience with special performances, including “Chinese New Year Welcome Dance” from China and the “Siam Noble Steed Dance” from Thailand, symbolizing the deep-rooted ties between the two nations. The celebration also featured rare and exquisite Chinese cultural showcases from four renowned troupes originating from Beijing, Chongqing, Henan, and Fujian.

The highly anticipated highlight was the appearance of renowned Chinese artist “Zhu Zhengting,” who joined the festivities to wish fans wealth, happiness, and prosperity for the year ahead, while delivering a special performance as a New Year gift. Additionally, the celebration featured mini-concerts by leading Thai T-Pop artists, including Better Weather and Daou Pittaya, who brought joy and left a lasting impression amidst the spectacular sight of giant auspicious lanterns illuminating the entire of Parc Paragon.

The grand celebration of “Siam Paragon A Prosperous Chinese New Year 2026″ presents a magnificent parade of entertainment to deliver joy and prosperity for the Year
of the Horse, running from today until 18 February 2026. In addition to the spectacular colors of giant auspicious lanterns and exquisite cultural performances from the People’s Republic of China, there are concerts from leading Thai artists performing on a rotating schedule to provide non-stop fun at Parc Paragon and Fashion Hall.

The lineup includes:

  1. 15 February 2026: Enjoy performances by HERS and MEAN Band;
  2. 16 February 2026: Meet 2Ectasy, Jeffy, Kakagoesbackhome, and Slapkiss;
  3. 17 February 2026: Have fun with SERIOUS BACON and Klear;
  4. 18 February 2026: Concluding with Wanyai and OABNITHI.

Simultaneously, Siam Paragon is packed with activities to enhance luck and wealth across various areas, featuring many more highlights such as:

  • Be mesmerized by the art installation “The Fortune Guardians,” depicting a pair of lions in a rhythmic and lively spirit of celebration, created by Suthipa Kamyam, a renowned artist and illustrator who has collaborated with numerous international brands. She has transformed the Jewel zone and Cascade on the M Floor into an artistic landmark for the Chinese New Year, symbolizing the opening of gates to welcome positive energy, inviting luck and joy to flow in and reach all visitors.
  • The Sculpture Exhibition by Ren Zhe: This exhibition features the work of the renowned Chinese sculptor, celebrated for his masterful fusion of Eastern cultural roots with a contemporary global perspective. His powerful sculptures are imbued with dynamic movement, harmoniously communicating Eastern philosophical values through modern materials. The exhibition will be on display from 5 March 2026 at the Glass Wall on the M Floor.
  • NEXTOPIA, the prototype for the world of tomorrow, welcomes the Chinese New Year festival with the heartwarming concept “Let Good Things Grow: Lucky in Love, Lucky in Green.” This initiative invites everyone to share positive energy through self-care, meaningful connection with others, and sustainable growth alongside the planet. Visitors can immerse themselves in contemporary interactive activities and workshops that are engaging and accessible to all ages. We invite you to fulfill your special moments at NEXTOPIA with eco-friendly, heart-healthy menus amidst a romantic atmosphere and melodies —perfect for hanging out until midnight.
  • For those seeking spiritual guidance and an opportunity to give back, the Siriwattana Cheshire Foundation under the Royal Patronage of Her Majesty the Queen presents the “Siriwattana Fortune Telling for the Disabled” charity event. To welcome the Year of the Horse, the event features 40 renowned experts specializing in various disciplines. The event takes place from February 13–20, 2026, at Crystal Court, 2nd Floor (North Zone), Siam Paragon, from 10:30 AM to 7:00 PM. Fortune-telling tickets are available at the venue for 400 THB.

Beyond the exceptional experiences offered across all zones, Siam Paragon delights shoppers with the exclusive “A Prosperous Chinese New Year 2026,” promotion, running from today until 22 February 2026, featuring discounts of up to 50% at participating stores. Shoppers meeting the spending requirements can receive Siam Gift Cards and Paragon Department Store Cash Coupons with a total value of up to THB 1,700. Special privileges are also available for Kasikornbank credit cardholders, while ONESIAM members can earn 4x ONESIAM Coins upon qualifying spend, along with up to 15% credit cashback from participating credit cards, or 0% interest installments for up to 6 months on Siam Gift Card purchases.

Additionally, the special “Lucky with Love” promotion will run from today until 17 February 2026. Shoppers meeting the spending requirements can redeem Siam Gift Cards and Paragon Department Store Cash Coupons with a total value of up to THB 31,800, plus an additional bonus of up to 1,550 ONESIAM Coins when spending via ONESIAM KBank Credit Cards. Furthermore, purchases of THB 2,000 or more will be rewarded with an extra Ang Pao (containing gift vouchers or discount coupons from participating stores). For top spenders at participating luxury brands, an exceptional prize of 2 Baht weight of gold, valued at THB 149,500 (price as of 26 January 2026), will be awarded to those with a cumulative spend of THB 4 million or more.

Experience the grandeur of the Chinese New Year celebration, a spectacular and radiant start to a prosperous Year of the Horse at “Siam Paragon A Prosperous Chinese New Year 2026.” Join the festivities at Siam Paragon from today until 20 February 2026. For more information, please visit Facebook: SiamParagon

Hashtag: #SiamParagon #SiamParagonCNY2026

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