Cushman & Wakefield, a leading global real estate services firm, has entered into an exclusive affiliate arrangement with Inter Israel – its third affiliation in the EMEA region in as many months.
Inter Israel was founded in 1973 and is the country’s leading commercial real estate provider with 21 staff headquartered in Tel Aviv. The exclusive affiliation, branded Cushman & Wakefield Inter Israel, will offer a comprehensive range of real estate services and formalises a working relationship that first began 25 years ago.
The partnership brings together Cushman & Wakefield’s global platform and Inter Israel’s deep expertise across Israel’s commercial property market.
John Forrester, Chief Executive EMEA, Cushman & Wakefield, said: “We have enjoyed a long-standing and very successful relationship with the team at Inter Israel and look forward to further growth together. We have been clear in our intentions to continue strengthening our capabilities across EMEA to ensure we have the best people and platform to deliver outstanding results for our clients.”
Adrian Blumenthal, Chairman of Cushman & Wakefield Inter Israel, said: “We are very excited about the future. Clients of both firms will benefit from this closer bond which builds on a long track record of joint successes. We remain fully focused on providing clients with value-adding local expertise which has enabled Inter Israel to be at the forefront of the rapid growth of Israel’s commercial real estate market.”
In addition to Cushman & Wakefield’s 5,000 people in 40 countries in EMEA, the firm’s strong relationships across the region with affiliates extends delivery into markets where Cushman & Wakefield does not currently have a wholly-owned presence.
Cushman & Wakefield announced in August that it had agreed an exclusive affiliation with Excellerate Property Services in sub-Saharan Africa, named Cushman & Wakefield Excellerate. Last month its longstanding partner in Ireland DTZ Sherry FitzGerald followed suit, rebranding as Cushman &Wakefield.