Times Media Advertising

The Times Australia
News From Asia

.

Cushman & Wakefield Organizes "Breaking into Southeast Asia" Forums in Shanghai and Shenzhen

New Opportunities Arising for China's Manufacturing & Logistics Industry in Southeast Asia

HONG KONG SAR - Media OutReach Newswire - 25 October 2024 - In recent years, as the global economic landscape has evolved, a growing number of China enterprises have been exploring greater globalization strategies.
As a large trading partner, the Southeast Asia region has become an important market for China enterprises to expand their overseas footprint. In response to this trend, Cushman & Wakefield, a leading global real estate services firm, hosted forums on the topic of Breaking into Southeast Asia, New Opportunities for China's Manufacturing & Logistics Industry, held in Shanghai and Shenzhen on October 21 and October 24.

At these events, Cushman & Wakefield's expert Logistics & Industrial property services teams from Southeast Asian markets were joined by leading industrial park developers, together with experienced law firm professionals from Indonesia, Malaysia, Thailand and Vietnam, to discuss industrial investment and development in Southeast Asia markets.

KK Chiu, Chief Executive, Greater China, Cushman & Wakefield said, "We are excited to organize these specialist forums in partnership with leading industrial developers and experts from major Southeast Asia markets. The region has become a significant trading partner for China, and this integration has resulted in tremendous opportunities for Chinese manufacturers and logistics operators to take advantage of the region's robust economic growth, demographic dividend and labor cost efficiencies."

Southeast Asia continues to be a magnet for foreign capital. Last year, inward foreign direct investment to the region reached a record US$229.8 billion, with China accounting for US$17.3bn, an 18.9 percent increase on 2022[1][1]. The region is on track to see growth between 4.6% and 4.8% per year between 2024 and 2029; with exports from the region expected to surge nearly 90 percent by 2031[2][2] (contrasting strongly with overall global trade growth of less than 30 percent) as global manufacturers look to diversify their supply chains and explore new markets.

Dennis Yeo, Head of Investor Services and Logistics & Industrial, Asia Pacific said, "COVID highlighted the importance of diverse, resilient supply chains. As global manufacturers respond by expanding and diversifying their manufacturing footprint, markets like Thailand, Malaysia, Vietnam and Indonesia stand to be among the greatest beneficiaries, resulting in economic growth and improvements in infrastructure that will strengthen the region as a whole."

Tony Su, Head of Industrial & Logistics Property Services, China, Cushman & Wakefield, added, "It is important for China enterprises to have a strong understanding of the local and regional investment environment, as well as the challenges and corresponding strategies when expanding their overseas footprint. At Cushman & Wakefield we can provide expert teams and a broad network to assist Chinese manufacturing and logistics companies to embark on their globalization journey."


Hashtag: #Cushman&Wakefield

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

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 2023, the firm reported revenue of $9.5 billion across its core services of valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit or follow us on LinkedIn ().

Times Magazine

Cartier: Discover the Collection That Became a Global Symbol of Luxury

Few luxury brands carry the same instant recognition as Cartier. The name itself evokes images of...

Cheap Wine in Australia: The Golden Age of Affordable Drinking

Australia has long enjoyed a reputation as one of the world’s great wine-producing nations, but fo...

Federal Budget and Motoring: Luxury Car Tax, Fuel Excise and the Cost of Driving in Australia

For millions of Australians, the Federal Budget is not an abstract economic document discussed onl...

Buying a New Car: Insider Tips

Buying a new car is one of the largest purchases many Australians make outside buying a home. Yet ...

Hybrid Vehicles: What Is a Hybrid, an EV and a Plug-In Hybrid?

Australia’s car market is changing faster than at any point since the decline of the local Holden ...

Chinese Cars: If You Are Not Willing to Risk Buying One, What Are the Current Affordable Petrol Alternatives

For years Australian motorists shopping for an affordable new car generally looked toward familiar...

The Times Features

Property Still Attractive To Investors Post Federal Bud…

Australia’s federal budget may have shaken the property sector, but it has not destroyed investor ...

What to Expect from Your First Invisalign Treatment Con…

Thinking about straightening your teeth but not keen on traditional braces? You’re not alone. A lo...

Day Spa Culture in Australia: What to Look For Before B…

The modern day spa is no longer viewed as an occasional luxury reserved for celebrities, honeymoon...

The Rocks and Circular Quay: Ten Restaurants

Restaurants That Showcase Sydney Dining at Its Best Sydney’s dining scene has always benefited from...

Australian Fashion Week: Local Style Takes Centre Stage

Australian fashion is once again stepping onto the global stage as Australian Fashion Week draws d...

Selling a House in Sydney: Did the Budget Make It More …

For many Australians, selling a home should be one of life’s simpler financial transactions. Find...

Cheap Wine in Australia: The Golden Age of Affordable D…

Australia has long enjoyed a reputation as one of the world’s great wine-producing nations, but fo...

Korean Food and Longevity

South Korean Food and Longevity: Why the World Is Suddenly Paying Attention For years, people aro...

Pretty Woman: The Movie That Keeps On Giving

Some films entertain audiences for a few months and quietly fade into cinematic history. Others be...