Cushman & Wakefield plc Ordinary Shares - CWK STOCK NEWS

Inveniam Capital Partners and Cushman & Wakefield are set to host the 'Data 3.0 for Web 3.0' conference in Miami from March 14-16, featuring industry leaders discussing decentralization, blockchain, and private assets. Speakers include Miami Mayor Francis X. Suarez and NYC Mayor Eric Adams, focusing on cryptocurrency's local impact. Inveniam's platform supports $5.7 billion in private market assets, addressing data challenges in the $300 trillion real estate market. The event aims to educate attendees on blockchain's role in transforming private market investments.

Cushman & Wakefield (NYSE: CWK) will announce its fourth quarter 2021 financial results on February 24, 2022, post-market at 4:05 p.m. EST. A conference call to discuss these results will follow at 5:00 p.m. EST. The call can be accessed via dial-in or through a live webcast on their investor relations website. Cushman & Wakefield reported $7.8 billion in revenue for 2020, operating in over 400 offices worldwide and employing approximately 50,000 staff.

Cushman & Wakefield (NYSE: CWK) has facilitated $224 million in acquisition and construction financing for The HUB @ 202, a 1.5 million-square-foot industrial park in Mesa, Arizona. The financing was secured from MSD Partners, linked to Michael Dell. This significant project includes 11 buildings and construction is set to begin in Q2 2022. The industrial market in the Southeast Valley has shown robust growth, making this an attractive investment opportunity. The company's strong representation in this transaction highlights its capabilities in capital markets.

Cushman & Wakefield (NYSE: CWK) has released its 2022 Global Data Center Market Comparison, expanding its scope to 55 global markets and 1,333 data centers. The report indicates a significant growth in global data center construction, with current underway totals at 4.1 GW, up from 2.9 GW in the previous study. Major cloud providers are increasingly building large campuses, emphasizing the ongoing demand and shifting market dynamics.

Cushman & Wakefield (NYSE: CWK) has acquired substantially all assets of North by Northwest Consulting (NxNW), a leading valuation services firm based in Hickory, North Carolina. Founded in 2013, NxNW specializes in right of way valuation services across North Carolina, Tennessee, and Virginia, serving property owners, financial institutions, and government agencies. This strategic acquisition aims to enhance Cushman & Wakefield's Valuation & Advisory practice, particularly in large-scale infrastructure projects, responding to the rising demand driven by recent congressional funding.

Cushman & Wakefield (NYSE: CWK) has acquired Pacific Commercial Realty Advisors (PACCRA), enhancing its presence in Central California and Idaho. The acquisition includes PACCRA's offices in Bakersfield, Fresno, Santa Clarita, and Boise. PACCRA has been an alliance member with CWK since 2012 and boasts over 40 experienced brokers specializing in various commercial real estate services. This strategic move aims to leverage PACCRA's expertise and provide expanded resources and services to clients, solidifying CWK's commitment to collaboration and innovation in the real estate sector.

Cushman & Wakefield (NYSE: CWK) successfully arranged $235 million in permanent financing for Buildings E and G at the Linden Logistics Center in Linden, New Jersey. The financing, provided by Northwestern Mutual, supports two Class A facilities totaling over 1.32 million square feet. This 10-year, fixed-rate loan reflects the project’s quality and market demand, with construction of a second phase adding another 1.6 million square feet expected to commence soon. This development positions CWK as a key player in the thriving U.S. industrial market.

Cushman & Wakefield (NYSE: CWK) has facilitated the sale of two cold storage warehouse facilities in Miami, covering approximately 315,000 square feet for around $74 million. The properties include a 235,000 square foot facility sold by Ivy Realty and another 80,000 square foot facility sold by a joint venture of Ivy Realty and J.P. Morgan Global Alternatives. The buyer, a partnership between Banner Property Group and an institutional investor, secured $55.7 million in financing from AEW Capital Management, reflecting strong demand in the cold storage market.