- More than 100 commercial property specialists in Dublin, Limerick and Galway will join one of the world’s largest real estate services firms
- Managing Director Aidan Gavin becomes Cushman & Wakefield’s Head of Ireland and joins its UK & Ireland Executive Committee
DUBLIN, July 17 (Bernama-BUSINESS WIRE) -- Global real estate services firm Cushman & Wakefield today announces it has entered into a definitive agreement to acquire the commercial property arm of Sherry FitzGerald Group in the Republic of Ireland. The deal is expected to complete in early September 2018.
Cushman & Wakefield already has a 20% 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.
Cushman & Wakefield will maintain its close affiliate relationship with the wider Sherry FitzGerald Group, which has a further 97 offices across the Republic.
Colin Wilson, Chief Executive Officer, EMEA, Cushman & Wakefield, 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.”
Aidan Gavin, Head of Ireland at Cushman & Wakefield, said: “Our business has gone from strength to strength since adopting the Cushman & Wakefield brand and we have real momentum in the marketplace. We now have the opportunity to move to the next stage by leveraging the resources of our global network to shape the future of Irish property.”
Cushman & Wakefield already has a 20% 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.
Cushman & Wakefield will maintain its close affiliate relationship with the wider Sherry FitzGerald Group, which has a further 97 offices across the Republic.
Colin Wilson, Chief Executive Officer, EMEA, Cushman & Wakefield, 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.”
Aidan Gavin, Head of Ireland at Cushman & Wakefield, said: “Our business has gone from strength to strength since adopting the Cushman & Wakefield brand and we have real momentum in the marketplace. We now have the opportunity to move to the next stage by leveraging the resources of our global network to shape the future of Irish property.”
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