April 28, 2015

Cushman & Wakefield launches automotive specialty practice group

Cushman & Wakefield is the first commercial real estate service firm to the market with a global comprehensive Auto SPG offering. Its mission is to deeply understand and address the distinctive challenges of the automotive sector from labor issues, logistics, infrastructure, technology, credits and incentives, to the unique requirements of the real estate itself.

“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,” Green noted. “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.”

Cushman & Wakefield has the client base and expertise to offer a comprehensive global specialty practice, according to Green. The firm already works with dozens of automotive industry clients around the world, including major names like Toyota, BMW, FCA, Mercedes Benz, Magna International, Faraday Futures, Hyundai, JLR, and many others.