The $2B merger of Cushman & Wakefield and DTZ is scheduled to close in Q4. The combined firms will create one of the largest global real estate services companies and operate under the Cushman & Wakefield name, except for in China and the Netherlands, where they will be co-branded. Leaders of the two firms are working through integration details but offered no comment on organizational news at this time. The new company will have revenues of over $5.5B and globally manage over 4B SF. [BIZ]
C&W, DTZ Dealing With Integration Prior to Merger
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Cushman & Wakefield
, DTZ
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