ARTICLES LABELLED WITH TAG Cushman&Wakefield

COVID-19 restrictions which were introduced by the Polish government in March and extended until at least 19 April are affecting each sector of the economy. Cushman & Wakefield experts, including Katarzyna Lipka-Nawrocka, Jan Szulborski, Małgorzata Dziubińska, and Adrian Semaan, talk about how these restrictions are reshaping the retail, office and warehouse sectors.

Cushman & Wakefield has formed the Recovery Readiness Task Force (RRTF) to lead the development of best practices, products and partnerships to prepare clients for post-COVID-19 recovery and the eventual return to the workplace. Additionally, Cushman & Wakefield has launched a new office design concept on its website, showcasing a new social distancing program developed by the firm and being piloted in The Netherlands.

Saving money and time spent in traffic are the main advantages of working from home, while the main disadvantages are the lack of direct socialization with colleagues and the difficulty in separating professional from personal time, according to a survey conducted by Cushman & Wakefield Echinox.

Everyday personal and professional life have both been impacted by the COVID-19 pandemic in a radical and unexpected way, and the general opinion is that its influence and effects will have repercussions on how people live and work, even after the medical situation will be stabilized. Cushman & Wakefield Echinox and Dentons are launching a debate over 10 issues that will impact the entire office sector in Romania, covering over 350 modern buildings with a total surface of more than 4 million square meters and approximately 400,000 employees working in some of the largest companies, emblematic for the national economy.

A new weekly EMEA COVID-19 research report from Cushman & Wakefield, 'COVID-19 Impacts For EMEA Real Estate', outlines the sweeping impact the COVID-19 crisis is having on the European hotel market in 2020.

Even though it is too early to estimate precisely, the pandemic of COVID-19 will certainly have an impact on the global economy and, the probability of a global recession in 2020 is considered high. It appears that we will witness consecutive declines in global and regional GDP in the current and next quarter of 2020.  CBS International, a member of Cushman & Wakefield Alliance, summarized the potential implications of the COVID-19 crisis on the Serbian property market.

At the end of 2019, the total modern office stock in Łódź amounted to 528,300 sqm with more than 90,000 sqm currently under construction. Cushman & Wakefield has summarised 2019 on Łódź’s office market.

In 2019, Lublin’s total office stock amounted to 191,200 sqm with no new office projects delivered to the market in the last 12 months. In 2017-2018, the city’s office stock expanded by nearly 40% following a period of robust local development activity. Cushman & Wakefield summarised 2019 on Lublin’s office market.

As the global pandemic progresses across borders and within countries, Cushman & Wakefield’s EMEA market research experts shared what they are seeing on the ground in their countries.

The decision of the authorities to temporarily suspend the purchase of goods considered non-essential from shopping centres affects more than 9,000 stores and each day when they are closed equals €15-20 million lost income, according to Cushman and Wakefield Echinox.