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CushWake Makes $150M Strategic Investment in WeWork
Cushman & Wakefield has made a strategic investment of $150 million in WeWork, which recently went public. As part of its strategic investment, Cushman & Wakefield’s CIO & EVP of strategic planning, Nathaniel Robinson, will serve as an observer to WeWork’s board.
The two companies recently announced an exclusive strategic partnership intended to provide clients with best-in-class office operations. In the time since that announcement, the firms have reported a positive reception from major institutional real estate owners and Fortune 500 occupiers, leading to early pilot program opportunities.
““Through this partnership, Cushman & Wakefield will scale WeWork’s technology offerings around tenant experience beyond their own branded spaces into the rest of the office market, giving our clients access to leading data and insights that drive optimal workplace experience and return on investment,” said Brett White, executive chairman & CEO of Cushman & Wakefield.
- ◦Financing