Cushman & Wakefield plc Ordinary Shares (CWK)

Cushman & Wakefield announced that Kenneth Krasnow has joined the commercial real estate services firm as Vice Chair. Krasnow will be based in the firm’s Boca Raton office and specialize in providing advisory services for local public sector entities and higher education institutions.

Cushman & Wakefield (NYSECWK) will release its fourth quarter and full year 2024 financial results at approximately 7:00 a.m. ET on Thursday, February 20, 2025. Management will host a conference call following the release at 9:00 a.m. ET on Thursday, February 20, 2025, to discuss the financial results. The conference call can be accessed as follows:

Cushman & Wakefield (NYSECWK) announced that it has successfully completed a repricing of approximately $990 million of its Term Loan issued in January 2023 (“Term Loan”) due 2030. The repricing reduces the applicable interest rate on the Term Loan by 25 basis points from Term SOFR plus 3.00% to Term SOFR plus 2.75%. There are no changes to the maturity of the Term Loan following this repricing and all other terms are substantially unchanged.

Cushman & Wakefield announced today that Dave Lancaster joined the firm as Executive Managing Director in the firm’s Equity, Debt & Structured Finance (EDSF) platform.

Cushman & Wakefield (NYSECWK), a leading global real estate services firm, announced that it again earned a perfect score of 100 on the Human Rights Campaign Foundation’s (HRCF) 2025 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.

Cushman & Wakefield announced the firm has hired a powerhouse multifamily brokerage team to boost its national and regional investor client services and coverage capabilities in the critical multifamily sector in Northern California. Offering decades of top production and experience and consistently recognized among the leading apartment sales brokers within the region, the team is led by Keith Manson, Vice Chair and includes teammates Zachary Greenwood, Managing Director and Mac Watson, Senior Director. The trio will lead Cushman & Wakefield’s Northern California Multifamily Capital Markets.

The overall national industrial vacancy rate edged higher in the fourth quarter, climbing 20 basis points (bps) to 6.7%, according to the latest research by Cushman & Wakefield (NYSECWK). This remains 30 basis points (bps) below the 10-year, pre-pandemic average.

Cushman & Wakefield announced the commercial real estate services firm has added Stephen Clifton and Zach Wooten as Executive Directors and Payton Maxheimer as an Associate. The trio will bolster the firm’s Office Agency Leasing team in Atlanta and focus on representing landlords in marketing and leasing buildings throughout the metro area.

Cushman & Wakefield (NYSECWK), a leading global real estate services firm, has ranked fifth in the Top Ten 2025 Military Friendly® Employers with revenue over $5 billion for its meaningful efforts to recruit, retain and develop veteran talent in the U.S. The firm has now been recognized as a Military Friendly® Top 10 Employer for three consecutive years, and a Military Friendly® Employer for seven consecutive years.

Cushman & Wakefield (NYSECWK) today reported financial results for the third quarter of 2024.

Cushman & Wakefield (NYSECWK) announced that it has successfully completed a repricing of approximately $1.0 billion of its Term Loan issued in April 2024 due 2030 (“Term Loan”). The repricing reduces the applicable interest rate on the Term Loan by 50 basis points from Term SOFR plus 3.75% to Term SOFR plus 3.25%. There are no changes to the maturity of the Term Loan following this repricing and all other terms are substantially unchanged. Additionally, on October 1, 2024, the Company elected to prepay the remaining $48 million of its term loan due 2025. Combined with the Company's August 2024 prepayment of $50 million of its term loan due 2025, the October payment brings the aggregate year-to-date debt repayment total to $200 million. The Company has now repaid in full the outstanding 2025 tranche and has no funded debt maturities until 2028.

Cushman & Wakefield (NYSECWK) will release its third quarter 2024 financial results after the close of trading at 4:05 p.m. ET on Monday, November 4, 2024. Management will host a conference call following the release at 5:00 p.m. ET on Monday, November 4, 2024, to discuss the financial results. The conference call can be accessed as follows:

Cushman & Wakefield (NYSECWK), a leading global real estate services firm, has released its latest research report on data center markets, showing that power and component lead times continue to slow delivery of new supply. The vacancy rate in the Americas has fallen to 3%, with over 80% of deliveries pre-leased in major markets, pushing lease rates higher.

Cushman & Wakefield (NYSECWK), a leading global real estate services firm, today released Reimagining Cities: Disrupting the Urban Doom Loop—an in-depth research report that puts 15 U.S. cities under the microscope to identify the real estate portfolios cities currently have versus what they need, given how much the economy has changed post-pandemic. In doing so, a few key findings emerge.

Cushman & Wakefield (NYSECWK), a leading global real estate services firm, today released its 2023 Sustainability Report. The report demonstrates the firm’s global impact and performance across key sustainability areas during 2023, and progress on future targets that will help shape a more sustainable, inclusive future for the firm’s people, clients, planet and communities.

Cushman & Wakefield (NYSECWK), a leading global real estate services firm, was recently recognized as one of America's Greatest Workplaces for Parents and Families 2024 by Newsweek and Plant-A Insights Group, receiving a top score with a five-star rating.

Cushman & Wakefield (NYSECWK) today announced the hiring of Miles Treaster as President, Capital Markets, Americas, adding proven institutional real estate debt and equity capital markets and investment expertise to the firm’s executive leadership team.

Cushman & Wakefield (NYSECWK), a leading global real estate services firm, was recently recognized as one of the World’s Most Sustainable Companies of 2024 by TIME. This award is presented by TIME and Statista Inc., the world-leading statistics portal and industry ranking provider.

Cushman & Wakefield (NYSECWK) today reported financial results for the second quarter of 2024.

Now that Prologis stock has reported its newest quarterly earnings, investors have a unique insight into the industrial sector within the U.S.

Cushman & Wakefield (NYSECWK) will release its second quarter 2024 financial results after the close of trading at 4:05 p.m. ET on Monday, July 29, 2024. Management will host a conference call following the release at 5:00 p.m. ET on Monday, July 29, 2024, to discuss the financial results. The conference call can be accessed as follows:

Persistent inflation continues to influence the Federal Reserve’s decision making in 2024, amidst ongoing moderation in overall economic and labor conditions. These factors create a complex and mixed outlook for commercial real estate assets according to Cushman & Wakefield’s (NYSECWK) mid-year Macro Outlook report.

Cushman & Wakefield (NYSECWK) announced that it has successfully completed a repricing of approximately $1.0 billion of its Term Loan issued in January 2023 (“Term Loan”) due 2030. The repricing reduces the applicable interest rate on the Term Loan by 25 basis points from Term SOFR plus 3.25% to Term SOFR plus 3.00%. There are no changes to the maturity of the Term Loan following this repricing and all other terms are substantially unchanged. Additionally, on June 17th, 2024, the Company elected to prepay an additional $45 million of its Term Loan due 2025, bringing the aggregate year-to-date debt repayment total to $100 million. The Company expects that the two Term Loan repricings in addition to the $100 million repayment of debt year-to-date will produce cash interest expense savings of approximately $14 million annually.

Cushman & Wakefield’s (NYSECWK) latest report on U.S. Ports shows 13 key port-proximate industrial real estate markets have experienced cooling demand coupled with rising vacancy rates and tempered rent growth.

Cushman & Wakefield announced the commercial real estate services firm has named Joseph Caridi as its new Managing Principal for South Florida, effective late June. Caridi will be responsible for the firm’s Miami, Fort Lauderdale, Boca Raton, and West Palm Beach markets and oversee more than 450 professionals across the South Florida region.