Cushman & Wakefield

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This is Cushman & Wakefield

Cushman & Wakefield is led by Chairman & Chief Executive Officer Brett White and Global President Tod Lickerman. The company is majority owned by an investor group led by TPG, PAG, and OTPP.

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2023, the firm reported revenue of $9.5 billion across its core services of valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more.

Our global platform extends throughout the Greater China, Asia Pacific, Europe, the Middle East, Africa and the Americas, offering full services with exceptional quality.

For more than 20 years, Cushman & Wakefield has excelled in the Greater China market with its integrated services that link the business drivers of the clients it serves, through its fully licensed offices in 20 cities, namely Beijing, Changsha, Chengdu, Chongqing, Dalian, Guangzhou, Hangzhou, Nanjing, Nanning, Qingdao, Shanghai, Shenyang, Shenzhen, Tianjin, Wuhan, Xiamen, Xian, Zhengzhou, Hefei, Dongguan, Suzhou, as well as Hong Kong and Taipei.


History

Cushman & Wakefield is rooted in a long history in the property market, dating from 1784 when one of the predecessor firms, Chesshire Gibson, was founded in Birmingham, UK. Since then, Cushman & Wakefield has developed into one of the largest property advisers in the world.

While the "D" of DTZ represents Frank Gissing Debenham, one of the founding fathers of the company, the "T" and "Z" originate from the company's European joint venture in 1993 with Jean Thouard of France and the Zadelhoff Group in Germany and the Netherlands, where after the company was renamed DTZ. DTZ Holdings plc listed on the London Stock Exchange in 1987.

In 1999 following an equity exchange with Asian partners CY Leung & Co and Edmund Tie & Co, DTZ Debenham Tie Leung was formed.

In December 2006, DTZ consolidated its Asian operations with the 100% integration of DTZ Debenham Tie Leung in North Asia.

In North Asia, DTZ maintains offices in mainland China, Hong Kong, Taiwan, Japan and South Korea. Each office offers on the ground expertise in all aspects of the North Asia property market.

DTZ has a presence in 17 cities in mainland China, namely Beijing, Changsha, Chengdu, Chongqing, Dalian, Guangzhou, Hangzhou, Nanjing, Qingdao, Shanghai, Shenyang, Shenzhen, Tianjin, Wuhan, Xiamen, Xian and Zhengzhou.

In 2004, DTZ was awarded a Grade A National Valuation Licence in China, the first and only among international firms.

In October 2008, DTZ established an office in Seoul, South Korea, through the cooperation between DTZ and Prime Asset Advisors Company (PAC).

In 2011, UGL acquired DTZ, expanding globally to 52 countries, and solidifying global property service presence.

In 2012, UGL Services and DTZ Holdings plc. re-branded to 'DTZ'.

In November 2014, DTZ becomes a private independent global property services company as its sale to the private investment consortium of TPG Capital (TPG), PAG Asia Capital (PAG) and Ontario Teachers' Pension Plan (the TPG & PAG Consortium) completes. DTZ continues to operate under the DTZ brand and offer clients a complete suite of services in every major market around the world.

In September 2015, Cushman & Wakefield and DTZ completed a successful merger. The firm now operates under the iconic Cushman & Wakefield brand and has a new visual identity and logo that position the firm for the future and reflect its trusted global legacy and wider history.


Contact
Billy Yen / Managing Director of Taiwan
Tel: +886 2 87883288 ext 210
Clio Huang / Director
Tel:+886 2 87883288 ext 220