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Cushman & Wakefield New Zealand Commences 25-year IFM Contract at Waikeria Prison

Jess Freeman • 28/08/2025
Waikeria Prison complex

Cushman & Wakefield has officially commenced operations at the newly completed Waikeria Prison complex, marking the start of a 25-year Integrated Facilities Management (IFM) and full lifecycle management contract.

This Public Private Partnership (PPP) project represents a significant milestone in New Zealand’s correctional infrastructure, with an initial capacity of 600 high-security beds, and an additional 810 beds scheduled for delivery in 2029.

The complex go-live follows the completion of a USD $250 million concession, with Cushman & Wakefield now responsible for the long-term operational performance and asset management of the facility.

Paul Huggins, Managing Director of Cushman & Wakefield New Zealand, said “Waikeria Prison is a landmark project for New Zealand, and we’re proud to be entrusted with its long-term management.
“The successful go-live reflects the depth of expertise and collaboration across our teams, and our commitment to delivering safe, efficient, and future-ready facilities for our clients and communities.”

 

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.

Media Contact

Jess Freeman
Jess Freeman

PR & Communications Director ANZ • Sydney

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