Cushman & Wakefield appoints Simon Fenn to lead NSW Commercial Real Estate business
SYDNEY, May 17, 2019
Cushman & Wakefield, has today announced it has significantly strengthened its commercial real estate platform with the appointment of Simon Fenn as Managing Director of the New South Wales agency business.
As well as leading Cushman & Wakefield’s business in New South Wales, Simon will leverage significant capital transactions expertise to support the ongoing growth of the Capital Markets business and working alongside senior members of the team including Josh Cullen, Rick Butler, Mark Hansen, Steve Kearney and Luke Etherington in Victoria.
Simon joins Cushman & Wakefield from Savills Australia where he held the position of Managing Director of New South Wales and was a member of the Savills Australia board. In this role, Simon was instrumental in growing Savills agency business and managing a team of almost 400 staff.
Simon has over 25 years’ experience in the commercial property sector and has been the forefront of many of Sydney’s largest transactions representing a range of institutional landlords and investors. This includes Blackstone’s sale of 275 Kent Street to ISPT for $860 million, managing the sale of 40 Mount Street, North Sydney, for Primerica and the sale of the 50% interest in MLC Centre on behalf of GPT.
This appointment forms part of Cushman & Wakefield’s strategy to expand its presence in New South Wales and build on other recent senior hires.
Commenting on the appointment, James Patterson, Cushman & Wakefield’s Chief Executive Australia and New Zealand, said: “Attracting a leader of Simon’s calibre to Cushman & Wakefield is a coup for our business, and I am extremely excited to welcome him to the executive team. Simon has a proven ability to grow and lead a business and his management approach aligns with Cushman & Wakefield’s high performing and inclusive culture.”
Josh Cullen, Cushman & Wakefield’s National Head of Capital Markets, Australia and New Zealand, said: “As one of New South Wales’ leading Capital Markets professionals, Simon has led some of the market’s most significant deals, and we look forward to harnessing that expertise within our rapidly growing national Capital Markets business.”
“This appointment marks another major milestone in the continuing growth of Cushman & Wakefield’s New South Wales commercial real estate platform, and follows strategic acquisitions, most recently in the capital markets and valuation areas, and a number of significant senior appointments across the business,” Mr. Patterson added.