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New York’s Upper Fifth Avenue has overtaken Hong Kong’s Causeway Bay as the world’s most expensive shopping destination, according to global real estate adviser Cushman & Wakefield’s flagship retail research report Main Streets Across the World, published today at the MAPIC retail trade show in Cannes, France.
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Cushman & Wakefield, the global real estate advisor and its global tech experts will be present at TechCrunch Disrupt, one of the most anticipated technology conferences of the year in Europe. Cushman & Wakefield, a leader in real estate advice for the tech sector globally is a lead sponsor of this iconic start up and thought leadership event which takes place at Old Billingsgate, London on October 20 and 21.
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Aberdeen Asset Management Deutschland AG has sold the Metropolitan office building in Warsaw to Deutsche Asset & Wealth Management for an undisclosed price. Cushman & Wakefield and JLL represented the seller in the transaction.
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New York attracted the most commercial real estate investment during the last year as the global real estate investment market saw volumes increase by 17.2% to US$788 billion, according to Cushman & Wakefield’s annual ‘Winning in Growth Cities’ report launched today at EXPO REAL in Munich, Germany.
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Cushman & Wakefield and Spire Ventures today announced its strategic partnership with Pi Labs, Europe’s first property-focused technology accelerator company. Founded by Faisal Butt (Founder and CEO of Spire Ventures, formerly known as Hamilton Bradshaw Real Estate) and Umesh Kumar (former Techstars and Oxygen Associate) Pi Labs was created to assist start-ups focused on property and technology innovation. The programme will accelerate the growth of these companies by providing them with access to investment, mentoring and business space. This move underlines Cushman & Wakefield’s commitment to support and drive innovation in property and tech hubs globally.
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Global real estate adviser Cushman & Wakefield’s EMEA corporate finance team estimates that asset management agencies have almost €264 billion of European non-core real estate exposure, according to the firm’s latest European Real Estate Loan Sales Market report at Q3 2014.
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Cushman & Wakefield announced today the appointment of Maria J. D’Avanzo as Chief Ethics Officer. Ms. D’Avanzo’s expanded role will enhance the highest standards of ethical conduct and institutional integrity by focusing on conflicts of interest, client/business selection and advisory support. Ms. D’Avanzo most recently served as C&W’s Global Compliance Officer, and she will continue to develop, adopt and implement our compliance programs.
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Cushman & Wakefield is pleased to be named Best Overall Advisory Firm in North America, the United States and Canada as well as in India and Hungary in Euromoney's 10th Annual Real Estate Survey.
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From 1 October 2014, Markus Schmitt-Habersack will join Cushman & Wakefield as a partner and chairman of investment in Germany. He will be based in the Frankfurt office of Cushman & Wakefield.
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Global real estate adviser Cushman & Wakefield has announced the recruitment of seven leading partners from Catella Corporate Finance in Sweden to significantly bolster its capital markets presence in Sweden and the Nordic region.
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Cushman & Wakefield today reported gross revenue increased 23.7% to $1,279.0 million for the six months ended June 30, 2014, compared with $1,033.9 million for the prior year period. Adjusted income attributable to owners of the parent[i] improved $14.1 million to $2.3 million, compared with a loss for the prior year period of $11.8 million. Cushman & Wakefield is majority-owned by EXOR S.p.A., the investment company controlled by the Agnelli family.
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Cushman & Wakefield Inc. announces that Edward C. Forst has been named President and Chief Executive Officer of the company. He will join the firm effective January 6, 2014.
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The UK is the world’s most developed online retail market, according to a global research report published today by the world’s largest privately-owned real estate services firm, Cushman & Wakefield.
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