Cush & Wake Launches Automotive Specialty Practice Group
- Aug 24, 2016
By Ioana Neamt
New York—Cushman & Wakefield has launched an Automotive Specialty Practice Group, to include a global, cross-discipline team of real estate and business advisors to auto manufacturers, suppliers, distributors and retailers. The new practice will be led by Jeffrey Green, a managing director within the company’s Global Occupier Services business.
“The world is on the verge of an Automotive Revolution, sparked by disruptive, technology-driven trends such as diverse mobility, autonomous driving, electrification and connectivity,” said Green in a statement. Cushman & Wakefield is the first commercial real estate company with a global comprehensive Auto SPG offering. The firm is already working with a variety of automotive industry clients, including Toyota, BMW, Mercedes Benz, Hyundai and JLR.
“We believe these trends will result in an increased need for commercial real estate globally. In addition to inherent growth within existing automotive and supply manufacturers, we see emerging market opportunities in such markets as China, India, Brazil and South Africa, as well as the entry of non-traditional players like Google, Apple, Microsoft and Panasonic,” Green explained.
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