Cushman & Wakefield
New York, New York, United States · Commercial Real Estate, Consulting, Property Management · 46,134 employees
Cushman Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives nu
Funding history
- Debt Financing — $848.0M — Jun 2026
- Funding Round — Undisclosed — Jul 2022
Recent signals
- Jun 15, 2026: Cushman & Wakefield Ltd. Amends Credit Agreement
- Jun 12, 2026: SEC 8-K (1.01): On June 12, 2026, Cushman & Wakefield U.S. Borrower, LLC and DTZ UK Guarantor Limited amended their existing Credit Agreement, involving approximately $848 million in outstanding borrowings. The amendment modifies certain pricing terms of the agreement, which is significant for the financial obligations of both subsidiaries under Cushman & Wakefield Ltd. The Credit Agreement implications may enhance liquidity and financial flexibility for the company, as it will affect the cost of capital and borrowing terms. JPMorgan Chase Bank, N.A. continues to act as the administrative agent in this amended arrangement.
- Jun 04, 2026: SEC 8-K (8.01): Cushman & Wakefield Ltd. announced an upcoming amendment to their Credit Agreement involving its subsidiary, Cushman & Wakefield U.S. Borrower, LLC, and DTZ UK Guarantor Limited. This amendment will modify the pricing terms regarding approximately $848 million of outstanding senior secured term loans, specifically called the 2026-1 Term Loans. The event occurred on June 4, 2026, which is within the valid reporting window. The strategic implications likely involve enhancing liquidity or reducing borrowing costs for the company.
- Jun 04, 2026: Raised $848.0M in Debt Financing
- May 07, 2026: SEC 8-K (2.02): On May 7, 2026, Cushman & Wakefield Ltd. reported its financial results for the first quarter of 2026. The filing includes a press release detailing the company's performance during this period. Specific figures regarding revenue, profits, or other key financial metrics are provided in the associated Exhibit 99.1. This event is significant as it offers insights into the company's operational health and strategic direction moving forward.
- Apr 08, 2026: SEC 8-K (7.01): On April 8, 2026, Cushman & Wakefield Ltd. disclosed certain recast historical financial information for the years 2024 and 2025 as part of its Regulation FD disclosure. The changes include the cessation of reporting 'service line fee revenue' and the removal of several non-GAAP financial measures, including Adjusted EBITDA margin and Segment operating expenses, effective January 1, 2026. This disclosure aims to provide greater clarity on the Company’s financial reporting, potentially impacting how investors interpret the Company’s financial health and operational effectiveness. The revised definition of 'Cost of gross contract reimbursables' will now cover reimbursed costs associated with client-dedicated labor and subcontracted services, reflecting a strategic shift in reporting practices.
- Jan 05, 2026: Cushman & Wakefield Appoints Andy Jansen as President of Project & Development Services
- Oct 16, 2025: SEC 8-K (5.01): Cushman & Wakefield plc has proposed a redomiciliation transaction to change its jurisdiction of incorporation from England and Wales to Bermuda, which has been approved by shareholders on October 16, 2025. This transition is subject to applicable laws, including court hearings and conditions for closing as outlined in the company's definitive proxy statement dated September 4, 2025. The approval marks a strategic reorganization reflecting the company's operational needs, potentially enabling more favorable regulatory and tax conditions in Bermuda. The redomiciliation could have significant implications for the company’s governance and operational framework.
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