Under the Program, Cushman & Wakefield Will Explore Disruptive Technologies, Trends and Research Impacting the Commercial Real Estate Industry
SAN FRANCISCO – Cushman & Wakefield (NYSE: CWK) is pleased to announce it is a member of Stanford Engineering’s Global Projects Center Disruptive Technology and Digital Cities Program.
The program will bring together Stanford’s academic and institutional resources with the industry specific knowledge and expertise of the member companies. The focus will be to assess emerging technologies and societal trends, with the goal of leveraging these findings to develop practical applications in areas such as 3D visual modeling, property valuation, smart building operations and advanced data analytics.
Cushman & Wakefield Americas CEO Shawn Mobley said Cushman & Wakefield’s membership in the program is indicative of an important component of the firm’s larger innovation and technology strategy.
“The program underscores Cushman & Wakefield’s commitment to bringing new and cutting-edge technologies and insights to the commercial real estate industry, our people and our clients,” Mobley said.
As members in this program, Cushman & Wakefield leaders will meet regularly with Stanford faculty and staff to discuss program updates and share insights or developments across industries. Cushman & Wakefield will become actively involved in several current research efforts underway within the program, including studies on 3D modeling, advanced materials and mobility.
This program constitutes yet another critical technology association for Cushman & Wakefield, which sees strategic relationships as a key component of its overall technology strategy. Since 2017, the company has developed strategic relationships with startup accelerators and venture capital firms, including MetaProp NYC, Plug and Play and Chicago’s 1871.
“Our investment in technology through these relationships provides us with insights that help us to better advise our clients on how to manage their property,” said Melanie Kirkwood Ruiz, Cushman & Wakefield Americas CIO. “We use lessons drawn from the best innovators across several disciplines to provide us first hand access to next generation tools designed for the future.”
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.