Cushman & Wakefield has opened its 35th Asia Pacific office in Malaysia today.
“This move is in line with our five year strategic plan, which contains an aggressive expansion plan for our business in Asia Pacific,” Sanjay Verma, Cushman & Wakefield’s CEO for Asia Pacific said.
Arsh Chaudhry, Executive Managing Director for Cushman & Wakefield in South East Asia added, “Malaysian capital sources have been active investors in real estate assets across the world and on the back of strong domestic demand, many of our global clients are expanding across Malaysia.”
In addition to growth and development opportunities in the Klang Valley, the real estate services firm sees vast opportunities in Iskandar.
Sigrid Zialcita, Managing Director of Research at Cushman & Wakefield said, “As with Kuala Lumpur, the prospects for real estate investment in Iskandar look to be very favorable as immense opportunities are available in this market. The development of the commercial and services clusters in Iskandar is set to further strengthen the existing industrial developments as Malaysia moves towards innovative, research and technology-driven industries."
Its new Malaysia office in Kuala Lumpur is a wholly-owned Cushman & Wakefield entity.
Muneerah Bee, Senior Journalist at PropertyGuru, wrote this story. To contact her about this or other stories email muneerah@propertyguru.com.sg
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