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Gulf Press > Business > Cushman & Wakefield Core now operating in Egypt – News
Business

Cushman & Wakefield Core now operating in Egypt – News

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Last updated: 2024/09/18 at 10:56 AM
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Cushman & Wakefield Core, a well-known regional commercial real estate firm, has announced its expansion into the Egyptian market in partnership with Cushman & Wakefield, a global leader in commercial real estate services. The move comes after a successful exclusive affiliate agreement in the UAE, where both companies were able to deliver significant value to clients and teams. With Egypt’s strategic location as a gateway to Africa and strong investment ties with the UAE, the partnership aims to extend their regional footprint and provide a wide range of services to clients.

Edward Macura, Co-CEO of Cushman & Wakefield Core, highlighted the success of the UAE affiliation and expressed excitement about the expansion into Egypt. He emphasized the importance of the partnership in supporting regional and international clients locally, while also offering a variety of services to Egyptian clients, including research, consultancy, capital markets, sales, leasing, asset management, property management, and global occupier services. The partnership aims to bring a new dynamic to the Egyptian real estate market.

Colin Wilson, Chief Executive EMEA of Cushman & Wakefield, acknowledged the benefits of the exclusive affiliate relationship with Cushman & Wakefield Core. He expressed satisfaction in extending their services into a new market where they did not have a branded presence before. The partnership is expected to benefit both local and global clients by providing access to Cushman & Wakefield’s global network and local knowledge, respectively. This move is seen as a strategic step towards strengthening their presence in the region.

The expansion into the Egyptian market comes at a time when the country’s real estate sector is experiencing significant growth and attracting increased interest from investors. With Egypt being a key player in the African market and having strong ties with the UAE, the partnership between Cushman & Wakefield Core and Cushman & Wakefield is poised to capitalize on these opportunities. By offering a comprehensive range of services and leveraging their global network, the companies aim to meet the diverse needs of clients in the Egyptian market and further solidify their position in the region.

The partnership between Cushman & Wakefield Core and Cushman & Wakefield is set to bring about positive outcomes for both companies, as well as for their clients in the Egyptian market. By combining their expertise, resources, and global reach, they are well positioned to provide innovative solutions, strategic insights, and seamless services to a wide range of clients. The expansion into Egypt marks a significant milestone for both companies and underscores their commitment to growth and excellence in the commercial real estate sector.

In conclusion, the partnership between Cushman & Wakefield Core and Cushman & Wakefield represents a strategic move to expand their presence in the Egyptian market and offer a comprehensive suite of services to clients. With Egypt’s growing importance in the African market and its strong ties with the UAE, the partnership is poised to capitalize on these opportunities and deliver value to clients in both regions. By leveraging their combined expertise and global network, the companies are well positioned to drive innovation and growth in the real estate sector while upholding their commitment to excellence and client satisfaction.

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News Room September 18, 2024
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