DTZ Realkapital to rebrand as Cushman & Wakefield Realkapital
Cushman & Wakefield, a leading global real estate services firm, has signed an exclusive arrangement with DTZ Realkapital as its affiliate in Norway.
The formal affiliate appointment follows the 2015 global merger of Cushman & Wakefield and DTZ.
The Oslo-based firm, now known as Cushman & Wakefield Realkapital, provides a wide range of key property services including capital markets finance, occupier services, retail expertise, valuation advice and research.
Anne Bruun-Olsen, Managing Director at Cushman & Wakefield Realkapital, said: “We are proud to have been chosen to represent Cushman & Wakefield in Norway. We look forward to working with one of the world’s largest and most powerful companies in the real estate services industry and to providing insightful trends, advice and research to our clients, along with support from a knowledgeable global network.”
Cushman & Wakefield already has a strong presence in the Nordics, coordinated from Sweden. In the Euromoney Real Estate Awards 2016 it was ranked Best Advisor for Valuation in Sweden for the 12th successive year and Best Advisor for Valuation in the Nordics & Baltics also for the 12th consecutive year. It also won Best Advisor Overall in Nordics and Baltics for the sixth year in a row as well as being crowned Best Advisor Overall in Sweden.
Earlier this year the firm confirmed it was also entering into an exclusive affiliation in Finland, with DTZ Finland Oy rebranding as Cushman & Wakefield Finland Oy.
Agneta Jacobsson, Head of Sweden and the Nordics for Cushman & Wakefield said: “Cushman & Wakefield has a strong Nordic focus and we are delighted to have strengthened our longstanding relationship with Realkapital. Together we will pursue further growth throughout the region.”
John Forrester, Chief Executive EMEA, Cushman & Wakefield, said: “Our strong and long-lasting relationships with affiliates across EMEA extends delivery into markets where Cushman & Wakefield does not currently have a wholly-owned presence. This benefits both local and global clients who gain access to our global network and local knowledge respectively.”
Cushman & Wakefield is a top three global real estate services firm, with some 43,000 employees in more than 60 countries, recorded revenue of over $5 billion, 4.3 billion sq.ft under management and $191 billion in global transactions.
In the past six months, Cushman & Wakefield has previously announced exclusive affiliate arrangements with: