Firm crowned National Adviser of the Year
Cushman & Wakefield has been crowned National Adviser of the Year at this year’s coveted Estates Gazette Awards.
The panel of judges – comprising some of the most respected names in the property industry – recognised the outstanding achievements of Cushman & Wakefield as “a truly national firm”.
The award was presented at a packed ceremony held at the Grosvenor House Hotel on London’s Park Lane.
Colin Wilson, Head of UK & Ireland, said: “I’m delighted to receive the National Adviser award on behalf of the firm. Of all the categories, this was the big one as it reflects the hard work and successes of our teams throughout the UK and across all aspects of our advisory work. We continue to go from strength to strength as a firm and it is always a pleasure when that is recognised externally. It is a wonderful milestone to receive this accolade just 12 months after our merger.”
Highlights across the year were numerous. Cushman & Wakefield’s retail team delivered some of the largest and most prestigious deals of the year, including Grand Central Birmingham, a 550,000 sq ft shopping centre including the largest John Lewis outside London. Cushman & Wakefield worked on the project from its initial inception through to selling the long leasehold interest for £355 million.
Dominance of the offices sector was reflected with the number one position in London and 13 million sq ft of office transactions in the UK in 2015. A trusted advisor to the UK’s largest and most exciting occupiers, last year the firm advised four of the world’s top 10 brands (according to Forbes) on their UK acquisitions.
The firm’s investment team advised on £8.6bn of deals over the course of last year, including the largest deal in Scotland, while the central London team advised on an outstanding near £2bn of deals in the last quarter of 2015 alone.
The Cushman & Wakefield valuation team was no less successful. Valuing £549bn worth of property over the year means the team is firmly positioned as the UK’s leading advisor. The team continued its dominance in the retail, outlet mall and self-storage sectors and valued almost 40% of the quarterly IPD Shopping Centre Index.