October 28, 2025 – Seoul – Cushman & Wakefield, a leading global real estate services firm, has entered into a three-year exclusive Master Services Agreement (MSA) with Hyundai Motor Company, officially becoming the sole advisor responsible for managing the automaker’s global real estate operations.
Under this agreement, Cushman & Wakefield will oversee the strategic planning and execution of real estate transactions across Hyundai Motor’s global portfolio. This marks the first time a Korean corporation has appointed a single global real estate partner, highlighting Hyundai’s trust in Cushman & Wakefield’s capabilities and the firm’s extensive international reach.
Richard Hwang, Managing Director of Cushman & Wakefield Korea, commented, “The MSA-based integrated real estate advisory model is widely adopted by leading global corporations. It enhances operational efficiency, drives cost savings, and enables the implementation of consistent real estate strategies across geographies.”
In today’s environment of supply chain disruptions and geopolitical uncertainties, centralized decision-making at the headquarters level—directly linked to local real estate strategies - is essential for maintaining competitive advantage. Real estate is no longer merely an asset management function; it is a critical infrastructure for executing long-term growth strategies and is closely tied to corporate global business objectives.
Through this partnership, Cushman & Wakefield will support Hyundai Motor’s global expansion and help build a strategic real estate portfolio aligned with the company’s long-term business roadmap. This will enable Hyundai to establish a unified and consistent real estate management framework across its global operations.
Matthew Bouw, CEO of EMEA & APAC, Cushman & Wakefield, stated, “This milestone not only supports Hyundai Motor’s global growth ambitions but also reinforces our leadership in delivering integrated global real estate services.”
Noral Wild, Chief Executive of ANZ & North Asia, Cushman & Wakefield, said, “This agreement represents a symbolic milestone, demonstrating that real estate management is a core pillar of corporate growth and competitiveness in the global strategies of Korean enterprises.”
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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.
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.
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