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2025 Global Data Center Market Comparison Report

View Cushman & Wakefield's analysis of 20 key variables for hyperscale and colocation operators, occupiers and developers across 97 global data center markets.

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INCLUSIVE CITIES 2024
We quantified the social value of our cities! Our bold idea was to map out, track and measure how inclusive our cities are, resulting in the industry's most comprehensive urban inclusion data set: The Inclusive Cities Barometer.
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Asia Pacific Specialty Hub
The Asia Pacific Specialty Hub provides a comprehensive overview of growing sectors across the region. View the latest trends and insights for Data Centres, Logistics & Industrial, Capital Markets and Sustainability & ESG.
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EXPLORE INSIGHTS
The real estate market is always evolving. Stay up-to-date on trends and opportunities with our outstanding research and commentary.
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EXPLORE SERVICES
No two projects are the same. Find out how we create real estate solutions to prepare our clients for what’s next.
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Dexcom Philippines New Office Fit-out Project
Dexcom Philippines • Healthcare
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Medtronic
Medtronic • Pharmaceutical
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IBM • IT
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Recent Press Releases

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Asia Pacific on track to overtake United States as the largest colocation data centre market before 2030

The Asia Pacific region is on track to overtake the United States as the largest colocation data centre market by both capacity and rental revenue before 2030, according to analysis from Cushman & Wakefield.

Amy Kathleen Kelly • 24/06/2025

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Data Infrastructure Development Trends in Asia-Pacific: Malaysia, Thailand, and Japan Lead Data Centre Construction in the Region

As of 2025, Malaysia, Thailand, and Japan continue to lead the expansion of data infrastructure across the Asia-Pacific region. 

Amy Kathleen Kelly • 18/06/2025

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Cushman & Wakefield Reports Resilience in Asia Pacific and Philippine Real Estate Markets Amid Major Global Policy Shifts

In a recent briefing, “The 2025 Triad: Trump’s Return, ASEAN’s Rise and the Philippine Property Path,” Cushman & Wakefield emphasizes that despite elevated uncertainty stemming from significant U.S. policy shifts during President Trump’s initial 100 days, the Asia-Pacific region enters 2025 with marked resilience.

Claro Cordero Jr. • 29/05/2025

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Q3 2024 Philippine Office & Investment MarketBeat Reports

By the end of Q3 2024, the overall vacancy rates for Prime and Grade ‘A’ Office developments in Metro Manila rose by 280 basis (bps) quarter-on-quarter (q-o-q) and by 136 bps compared to the previous year.

Claro Cordero Jr. • 02/11/2024

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Q2 2024 Philippine Office & Investment MarketBeat Reports

Overall vacancy of Prime and Grade ‘A’ offices in Metro Manila was estimated at 15.2% by end-Q2 2024, a 129-basis point decrease from the reported vacancy rate of 16.5% in the previous quarter. Additionally, this figure is 167 basis points (bps) lower than the reported vacancy rate of 16.9% in the same quarter the previous year.

Claro Cordero Jr. • 02/09/2024

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Q1 2024 Philippine Office & Investment MarketBeat Reports

Whilst no new office space completions were recorded, overall vacancies in Prime and Grade 'A' office spaces in Metro Manila soared by 26-bps in Q1 2024 to 16.53%, as compared to a vacancy of 16.26% in the previous quarter. Office take-up has slowed down in Q1 2024 resulting in a negative net absorption of roughly 25,000 sq.m.

Claro Cordero Jr. • 24/05/2024

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Q4 2023 Philippine Office & Investment MarketBeat Reports

Overall Grade ‘A’ and Prime office vacancy in Metro Manila remains steady at 16.83% by end-Q3 2023, a 6-bps decline QoQ from the reported vacancy of 16.90% in Q2 2023 and a 72-bps increase YoY from the reported 16.12% vacancy in Q3 2022.

Claro Cordero Jr. • 01/02/2024

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Q2 2023 Philippine Office & Investment MarketBeat Reports

Overall Grade ‘A’ office vacancies in Metro Manila increased to 16.90% by end-Q2 2023, a 74-bps increase q-o-q from the estimated 16.16% vacancy rate in Q1 2023 and a 69-bps increase y-o-y from the 16.2% vacancy rates estimated in Q2 2022.

Claro Cordero Jr. • 26/07/2023

Report Card
Q1 2023 Philippine Office & Investment MarketBeat Reports

Overall Grade ‘A’ office vacancy rate in Metro Manila closed at 16.16% at the end of Q1 2023, which is a 21 bps increase q-o-q from 15.95% in Q4 2022 and an 80 bps increase y-o-y from 15.36% in Q1 2022.

Claro Cordero Jr. • 18/05/2023

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Cushman & Wakefield Inaugurates Shared Services in Manila, Philippines

Cushman & Wakefield, a global commercial real estate services firm, has recently opened a Shared Services Center (SSC) in Manila, Philippines. 

01/02/2023

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Insights

Office Buildings CBD
MarketBeat

Office MarketBeat Report

The average headline rent for Prime and Grade ‘A’ developments in Metro Manila was recorded at PHP 987 per sqm per month by the end of Q1 2025, reflecting a minor decline from the previous quarter's rate of PHP 990 per sqm per month.
Claro Cordero Jr. • 06/05/2025
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MarketBeat

Investment MarketBeat Report

While short- to medium-term yields are expected to remain relatively flat due to persistent global economic uncertainties and evolving US trade policies, there are clear opportunities for the Philippine real estate investment market.
Claro Cordero Jr. • 06/05/2025
APAC Marketbeat
MarketBeat

Philippine MarketBeat

Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
Claro Cordero Jr. • 06/05/2025
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Research

Charting New Territories: Philippine Real Estate Market’s Dynamic Landscape

Despite challenges facing the Philippine real estate market, established CBDs remain resilient, and the diversification into multiple sub-markets offers new opportunities.
Claro Cordero Jr. • 30/01/2025
Rethinking the office sector
Research • Workplace

Rethinking the office sector in Asia Pacific

Our report takes a deeper dive into the underlying dynamics and drivers across The APAC region’s major markets and provides a roadmap for asset optimisation.
21/06/2023
Philippine Industrial Market Spotlight
Research

Philippine Industrial Market Spotlight

As the battle with the effects of pandemic-induced global uncertainties continues, we examine the performance and prospects of growth that are presented to the Philippines’ industrial segment.
Claro Cordero Jr. • 27/01/2021

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