Cushman & Wakefield has announced its new UK leadership team following the successful completion of the global merger with DTZ.
The combined business is one of the largest commercial real estate services firms in the world. The new firm draws on the best of both legacy organisations, with $5 billion in revenue, 43,000 employees and more than 4.3 billion square feet under management, and $191 billion in transaction value.
The UK & Ireland business is being led by Colin Wilson, Head of UK & Ireland, and Digby Flower, Chairman of UK & Ireland. Digby will also be Head of London Markets.
UK & Ireland Executive Committee:
Justin Taylor – Retail
Charles Smith – Valuation & Advisory
David Haynes – Business Space London & South East
Ian Thomas – Business Space Regions
Jason Winfield – Capital Markets
Charles Dady – Landlord Services
George Roberts – Client Strategy
The four heads of the Occupier Services, Property Management, Finance, and Human Resources teams will be announced at a later date.
“Our new UK and Ireland leadership team is illustrative of the exceptional talent, experience and track record of delivery for clients which runs throughout the business,” said Colin Wilson. “Together with Digby and I, these colleagues will be responsible for the strategic direction and performance of Cushman & Wakefield across the UK & Ireland.”
Digby Flower said: “Our people, and the increased value they can add to our clients, have been the central motivation for this merger. The most immediate priority for the UK & Ireland leadership team is to consolidate ourselves as a single business and ensure we build on our current momentum by mobilising effectively around our clients. From that, all further success for the business such as increasing our market share will naturally flow.”
In EMEA, the new Cushman & Wakefield has 5,000 employees in 40 countries and revenues of almost $800 million. It is now a top three commercial property firm in every major European metropolitan economy, a leader in capital markets, occupier services and all major commercial real estate sectors. Its clients include nine of the top 20 Forbes global brands and 82% of the top 50 cross-border investors.
The combined firm, led globally by Chairman and Chief Executive Officer Brett White and Global President Tod Lickerman, now operates in more than 60 countries around the world and is well positioned in every major market for continued growth.