Cushman & Wakefield buys commercial property arm of Sherry Fitzgerald
Cushman & Wakefield already has a 20 per cent stake in the Irish commercial property business which operated as its exclusive affiliate in the Republic – rebranding two years ago as Cushman & Wakefield Ireland. The firm, which has more than 100 commercial property professionals and offices in Dublin, Limerick and Galway, will now be fully integrated into Cushman & Wakefield, one of the world’s largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries.
Managing director Aidan Gavin becomes Cushman & Wakefield’s head of Ireland and will also sit on the firm’s UK & Ireland executive committee.
Colin Wilson, Cushman & Wakefield, EMEA CEO, said: “This is an exciting next step in an exceptional relationship which first began 20 years ago and reflects the significant increase in cross-border projects on which our teams have been collaborating. We expect further growth as the Irish economy continues to strengthen and we integrate fully as a single firm with a truly seamless operation between Ireland and the UK. We are committed to profitably growing the scale and performance of our substantial EMEA business to deliver outstanding results for our clients.”