Cushman & Wakefield drives cross-border corporate investments into Henan
The global real estate firm Cushman & Wakefield PLC is actively driving multinational companies to invest in Central China’s Henan province, according to the international group.
Cushman & Wakefield Project & Occupier Services PRC President Jonathan Wei, said the group was on the move in Henan.
He gave his remarks in an interview with China Daily website at the 2024 Cooperation and Exchange Conference between Henan Province and Multinational Corporations, which was held in Zhengzhou, capital of Henan province on Sept 25 and 26.
Cushman & Wakefield is a full-service global commercial real estate company with over 100 years of experience.
Its services include agency leasing, asset services, capital markets, global occupier services and others – focusing on industries like logistics, retailing and life sciences.
This was Cushman & Wakefield's second time participating in the Cooperation and Exchange Conference between Henan Province and Multinational Corporations.
Wei said that this year's conference emphasized enhanced communications between enterprises and the government – focusing on Henan's industries that were tailored to multinational investments.
Having operated in Henan for a decade, Cushman & Wakefield says it actively collaborates with local investors on premium commercial real estate projects.
Additionally, the company's global site selection team is facilitating connections with Henan's government departments to attract high-quality multinational corporations, particularly those eyeing expansion in China.
"With its advantageous population and transportation network, Henan is well-suited for industries like agriculture, biopharmaceuticals and emerging technology and innovation," Wei said.
He also credited Cushman & Wakefield's decision to partner with Henan for helping the region to offer outstanding government service capabilities and a favorable business environment, both of which have attracted corporate investments.
Wei commended Henan cities for understanding business needs and utilizing orders and markets effectively – enabling Henan to excel amid fierce competition by bridging the gap between market demand and supply.
The conference witnessed the signing of 46 investment and trade cooperation agreements, valued at a whopping 33.58 billion yuan ($4.79 billion) – spanning sectors such as new materials, renewable energy and advanced manufacturing.
The pivotal agreements were signed on-site, underscoring the tangible outcomes of the conference's efforts.
Bullish on Henan province: Jonathan Wei, Cushman & Wakefield Project & Occupier Services PRC President. [Photo provided to chinadaily.com.cn]