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What a Cushman & Wakefield IPO Really Means

Real estate attorney Doug Ulene explains going public would be the only exit strategy for Cushman & Wakefield’s private equity backers.

1290 Avenue of the Americas 1290 Avenue of the Americas, where Cushman & Wakefield’s New York offices are located./Google maps

NEW YORK CITY—Bloomberg News had reported that Cushman & Wakefield, which a private equity investor group of TPG, PAG and Ontario Teachers’ Pension Plan owns, was interviewing advisors for an initial public offering. A source told Bloomberg the IPO could be as early as this year.

In a GlobeSt.com interview, real estate attorney Doug Ulene explains what an IPO would mean both for Cushman and the brokerage community.

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Betsy Kim

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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