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Articles - Cushman & Wakefield

Jeff Alson joins Cushman & Wakefield’s growing Central and Eastern European Capital Markets team

Jeff will be based in Prague and will be part of the CE leadership team together with James Chapman.

Cushman & Wakefield to merge with DTZ

Cushman & Wakefield and DTZ have reached a definitive agreement to merge and are set to become one of the largest global real estate services companies. The new company, which will operate under the Cushman & Wakefield brand, will have revenues over $5.5 billion, over 43,000 employees and will manage more than 4 billion square feet globally on behalf of institutional, corporate and private clients.

Prague ranks as 45th at the list of the most expensive office locations

According to the study of the consultancy firm Cushman & Wakefield London’s West End is the world’s most expensive office market for the third consecutive year. To rent one metre squared of office space here costs over EUR 2,300 annually. Hong Kong came second place (EUR 1,636 sq m/annually) followed by New York third (EUR 1,162 sq m/annually).

No new offices in Q3

2014 will still have highest level of office completion since 2008

Central Europe’s industrial RE market accelerates

Development and take up is high, vacancy rate is falling
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