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Cushman & Wakefield Acquires Australian Firm, Its Fifth Australian Acquisition in Seven Years
Chicago-based commercial real estate services firm Cushman & Wakefield says it has acquired Sheffield Property Pty Ltd. and Sheffield Asset Management Pty Ltd., an office leasing and property management agency based in Perth, Western Australia.
The firm said the acquisition further strengthens Cushman & Wakefield’s well established and full service commercial real estate platform across Australia and the Asia Pacific region.
Since 2015, Cushman & Wakefield has grown significantly in Australia both organically and by acquiring leading businesses that extend its capability and interstate service coverage. The latest acquisition is Cushman & Wakefield’s fifth in seven years in Australia. After acquiring national capital markets business Inc RE, Knight Frank’s NSW valuations business, Wright Property in Queensland, and trades services business, Smith Brothers, in South Australia.
- ◦Sale/Acquisition
