Bayleys is an independent member of the Cushman & Wakefield group, an alliance of pre-eminent global commercial real estate service providers with offices in 50 countries.
Cushman & Wakefield is recognised as one of the top two commercial real estate service organisations in the world. Founded in 1917 and headquartered in New York, it has 45 offices and 6,400 staff in the U.S. It is a private company, owned 80% by the Rockefeller Foundation and 20% by senior management. Clients include many of the world’s largest corporations.
Cushman & Wakefield’s worldwide operation employs more than 11,000 people. It has recently acquired Healey & Baker which operates the European, Middle Eastern and African divisions of Cushman & Wakefield.
In September 1999, Cushman & Wakefield entered into an association agreement with the CPN Group in Australia. It is made up of Laing & Simmons in Sydney, Gross Waddell in Melbourne, Brock Partners in Adelaide, NSC Corporate in Perth, and PRD Realty in Queensland. Bayleys works closely with this group. In London, Bayleys operates a display office out of the Mayfair offices of RH International which is also a member of the Cushman & Wakefield alliance.
Cushman & Wakefield assists clients in every stage of the real estate process, representing them in buying, selling, financing, leasing, managing and valuing of assets as well as providing strategic planning, research and a range of other advisory services. The primary objective of Cushman & Wakefield is to add value to its clients’ businesses. A board of senior executives, including chief executives, drawn from around the world, guides Cushman & Wakefield’s worldwide strategic operations in resource commitment, technology, research and quality control to ensure a consistent and uniform service is delivered globally.
The alliance is also used by Bayleys to promote New Zealand commercial and industrial properties and portfolios that are likely to be of interest to international investors.
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