Cushman & Wakefield picked up seven prizes at the 2021 Asia Pacific Property Awards, in recognition of its service excellence and achievements in agency, office, investment and retail services in China. Judged by an independent panel of over 80 industry experts, the awards celebrate the highest levels of achievement by companies operating in all sectors of the property industry.
“The year 2020 was unlike any other, but despite the challenges, our people have proven their resilience, while elevating Cushman & Wakefield’s leadership position in the industry to a new level,” said K K Chiu, Cushman & Wakefield’s Chief Executive for Greater China. “I am delighted that our team has again been recognized for their achievements, and we will continue to be guided by our client-centric philosophy across Greater China.”
Cushman & Wakefield won four Five Star awards – the highest distinction in the contest – for its work in China, comprising Best Property Consultancy, Best Real Estate Agency 5-20 Offices, Best Lettings Agency, and Best Property Consultancy Marketing.
The firm were also award winners in a further three China categories: Real Estate Agency Marketing, for the Shanghai Fuyuan Landmark Plaza Building; Property Agency / Consulting Marketing, for the Shanghai Sanlin InCity mall; and Property Agency / Consultancy Website.
James Shepherd, Head of Business Development Services for Greater China at Cushman & Wakefield, commented, “These wins reflect the renewed efforts the firm made in 2020 to maintain our market leadership as we implemented a series of initiatives reflecting our core global strategies. In the context of the very challenging conditions of last year, we are thrilled to see that our efforts on behalf of clients earned us recognition in the industry.”
Culture of Achievement
These latest honors at the Asia Pacific Property Awards add to Cushman & Wakefield’s successes of the last two years, after the firm took home three wins in the 2020 Awards, including two Five Star designations, and scored five prizes in 2019.
Cushman & Wakefield has also been ranked the No. 1 commercial real estate investment brokerage in mainland China for three consecutive years by Real Capital Analytics, while, globally, the firm has also been voted Top Real Estate Services Firm in the Euromoney Global Real Estate Survey for three years from 2018 to 2020.
This year, RICS China awarded Cushman & Wakefield their Best Deal of the Year award for its Capital Markets team’s work with the Suntec Place Sanlin retail project (formerly Sanlin InCity). The mainland China business also took top awards for Professional Consultancy Service Team of the Year – Real Estate (Valuation & Advisory Services Team), Research Team of the Year, and Real Estate Financing Innovation Achievement of the Year, in addition to seven Certificate of Excellence awards and three Finalist awards. Meanwhile, in 2020 the Hong Kong business took home the RICS Best Deal of the Year honor for a third consecutive year, this time for the sale of 12 Link REIT malls. The Hong Kong team also won Retail Team of the Year, and received two Awards of Excellence.
Cushman & Wakefield has also gained broader recognition in the community, including being voted as the second most attractive employer in Hong Kong in the Randstad 2021 Employer Brand Research (REBR) survey published this month. The second place overall result in the survey puts the firm behind only the Hong Kong Jockey Club, with Cushman & Wakefield scoring top marks in the criteria of work-life balance, positive work culture, career progression, and a COVID-secure work environment.
“We are very happy to receive this recognition as an employer of choice, and are deeply appreciative of the engagement and trust in our organization that it confers. Our people truly are our most valuable asset, and are the key to our brand, culture and values,” commented John Siu, Managing Director of the Hong Kong office.
The achievement confirms Cushman & Wakefield Hong Kong as the most attractive employer in the real estate sector.
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