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Announced

Completed

Cushman & Wakefield completed the acquisition of Sheffield Property and Sheffield Asset Management.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Friendly

Single Bidder

Real Estate Holding and Development

Cross Border

Acquisition

Australia

property solutions

Majority

Private

Synopsis

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Cushman & Wakefield, a provider of real estate services, completed the acquisition of Sheffield Property, a provider of property leasing, asset management and real estate services, and Sheffield Asset Management, an investment management firm. Financial terms were not disclosed. “I am delighted to welcome the Sheffield team to Cushman & Wakefield. This acquisition is a perfect fit for Cushman & Wakefield in Western Australia as it combines Sheffield’s strong leasing, development and asset services businesses with our best-in-class facilities management, project management, valuations and advisory services businesses. The expanded platform significantly enhances our ability to offer a full complement of services that support the real estate needs of both our investor and occupier clients and also sharpens Cushman & Wakefield’s competitive edge in Western Australia,” Matthew Bouw, Cushman & Wakefield CEO Asia Pacific.

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