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Cushman & Wakefield and DTZ Global Merger Closes

Cushman & Wakefield and DTZ Global Merger Closes
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London, September 2, 2015 – The new Cushman & Wakefield has announced today the successful completion of the global merger between Cushman & Wakefield and DTZ. The firm has also announced its leadership team for Europe, the Middle East and Africa (EMEA) and unveiled a new visual identity and logo. 

The combined firm, carrying the iconic Cushman & Wakefield brand, becomes 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 EMEA business is being led by John Forrester, Chief Executive Officer, and Carlo Barel di Sant’Albano, Chairman. 

“Today is an historic moment for global real estate,” said Mr Forrester.  “Our merger has tremendously accelerated our collective goal of increased scale and client service worldwide, something we could not have accomplished alone.  This increased scope allows us to deliver a broader spectrum of commercial real estate solutions.  We have a leading position in all the foundation cities around the world and can provide services in every major global market.” 

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. 

New EMEA leadership team

Cushman & Wakefield has announced its EMEA leadership team. The firm has built a team that will provide the practical experience, management skill, business acumen and client service expertise necessary to bring an aggressive growth strategy to life.   

Carlo Barel di Sant’Albano said: “We have built our new operating model in EMEA to mobilise around our clients to ensure that we can identify and address the constant stream of challenges that they face daily, head on. Every one of our formidable EMEA leadership team is a market leader in their field.   

“The diversity, experience and strength of talent at the new Cushman & Wakefield is the envy of the industry.  Real estate is a people business at its core — and we have the best people in the business. This is one of our key differentiators which will make an immediate and positive impact with clients.” 

European leadership team

Chief Executive, EMEA Division: John Forrester 

Chairman, EMEA Division: Carlo Barel di Sant’Albano 

Region heads 

Head of Central & Eastern Europe Region: Jonathan Hallett 

Head of Northern Europe Region: Koen Nevens 

Head of Southern Europe Region: Joachim Sandberg 

Head of UK & Ireland Region: Colin Wilson 

Chair of UK & Ireland Region: Digby Flower 

Country heads

Head of Belgium: Koen Nevens 

Head of Czech Republic: Jonathan Hallett 

Head of France: Antoine Derville 

Chair of France: Olivier Gerard 

Head of Germany: Frank Nickel 

Head of Hungary: Gergely Pados 

Head of Italy: Joachim Sandberg 

Head of Luxembourg: Koen Nevens 

Head of Netherlands: Jeroen Lokerse 

Head of Poland: Charles Taylor 

Chair of Poland: Alan Colquhoun 

Head of Portugal: Eric van Leuven 

Head of Russia: Sergey Riabokobylko 

Head of Slovakia: Cristina Dumitrache 

Head of Spain: Oriol Barrachina 

Head of Sweden: Agneta Jacobsson 

Co-heads of Turkey: Togrul Gonden and Tugra Gonden 

Sector heads

Head of EMEA Capital Markets: Jan-Willem Bastijn 

Head of EMEA Global Occupier Services: James Maddock 

Head of EMEA Property Management: Michael Hatt 

Chair, EMEA Retail: Justin Taylor 

Chair, EMEA Project Management and Building Services: Philip Nye 

Co-chair, EMEA Logistics: Robert Hall 

Co-chair, EMEA Logistics: Mark Webster 

Co-chair, EMEA Valuation & Advisory: Rupert Dodson 

Co-chair, EMEA Valuation & Advisory: Bryn Williams 

New visual identity

Cushman & Wakefield is also unveiling a new visual identity and logo, reflecting the legacy of a trusted global brand, drawing on a wider history, positioning the firm for the future. 

About Cushman & Wakefield

Cushman & Wakefield is a global leader in commercial real estate services, helping clients transform the way people work, shop, and live. The firm’s 43,000 employees in more than 60 countries provide deep local and global insights that create significant value for occupiers and investors around the world. Cushman & Wakefield is among the largest commercial real estate services firms with revenues of $5 billion across core services of agency leasing, asset services, capital markets, facility services (branded C&W Services), global occupier services, investment management (branded DTZ Investors), project & development services, tenant representation and valuation & advisory. To learn more, visit or follow @CushWake on Twitter.