Economy
Tariffs and related policy uncertainty will result in slower growth and renewed inflationary pressures in the second half of 2025, but a recession will be avoided. We expect that policy—both in terms of trade and Fed rate cuts—will shift favorably by year end, laying the groundwork for a stronger economic rebound in 2026.
Capital Markets
Despite base-rate volatility, improved buying conditions and stable debt costs are boosting investor confidence, driving more transactions and support for future valuations.Industrial
Industrial demand will remain subdued in 2025 as supply chains react to shifting trade policies, but long-term trends like e-commerce growth and increased manufacturing position the sector for resilience and growth.Multifamily
Demand remains strong, with net absorption expected to match pre-pandemic averages over the next three years, showing the sector's stability amid weaker economic cycles.Office
Although aggregate vacancy rates have not yet peaked, the office market is showing early signs of recovery, with sublease availability improving and flight-to-quality trends helping stabilize a growing portion of the market.Retail
Tariffs will have a net negative impact on tenant demand, but limited new construction and consumer resilience will mitigate disruptions to the fundamentals beyond the next several quarters.Alternatives
Demand is growing in alternative sectors like senior housing, data centers (especially in emerging markets) and built-to-rent, driven by structural demographic and economic shifts.Insights
Research
What Occupiers Want: Global Survey Results 2025
In partnership with CoreNet Global, Cushman & Wakefield presents the
2025 edition of What Occupiers Want—our biennial global survey that
captures key priorities and perspectives into the shifting dynamics of
decision-making, investment, workplace trends and portfolio strategies of
occupiers worldwide.
Despina Katsikakis • 20/06/2025
Research • Economy
Where Do U.S. Property Values Go From Here?
In this two-part series, we take an in-depth look at how the shifting economic outlook and interest rate environment will impact the future trajectory of property values.
Kevin Thorpe • 24/05/2022
Research
Across the commercial real estate (CRE) investment landscape, ESG-focused funds have been growing in popularity across institution types.
29/03/2022
Research
The Sustainability Imperative for Data Centres
With the extremely high consumption of power by data centres and the significant carbon footprint the sector generates, there is a need to strengthen sector-wide standards and commitments for the sustainable data centre operations.
Todd Olson • 29/09/2021
Research
Small steps on the road to retail recovery in Asia and Europe
With a few European countries now taking the first tentative steps towards the lifting of some COVID-19 restrictions, what can be learnt from experiences in Asia? The latter continent is generally thought to be in advance of Europe in terms of emergence from the pandemic crisis. However, it should be borne in mind, that as in Europe, so in Asia, the context and outcome vary by country, largely dependent on the government’s approach to the dealing with the spread of the virus.
Insights • Investment / Capital Markets
For the English language version, please visit Cushman & Wakefield's Netherlands website.
Todd Hanrahan • 14/05/2020
Research
With the current COVID-19 outbreak in the state of emergency declared by the Japanese government, a series of stimulus packages has been released to help the economy sustain. Now the stimulus package has increased and includes helicopter money, and Bank of Japan (BoJ) announces its unlimited Japanese Government Bonds (JGB) purchasing operation for necessary occasions.
27/04/2020
Insights • Investment / Capital Markets
This Insight is available only in the Japanese language.
07/04/2020
Article
10 Considerations When Approaching Lease Renegotiation & Rent Reduction
At the time of this writing, markets across the globe are in a state of disruption. Cushman & Wakefield’s leasing and CRE account professionals encourage tenants to consider the following in preparation for lease renegotiations and rent relief requests.
31/03/2020
