AMSTERDAM--(BUSINESS WIRE)--
Cushman & Wakefield recently announced the acquisition of DZAP, a
leading Design & Build practice in the Netherlands.
The acquisition enhances the firm’s Design & Build capabilities in EMEA
following the acquisition of ADMOS in Belgium and Luxembourg last year,
as clients increasingly seek best-in-class expertise on creating
workplaces that enhance business performance.
Established in 1995, DZAP’s 50 employees work on the design and delivery
of office interiors for occupiers and office building revitalizations
for landlords, as well as having a hospitality industry specialism.
Working for clients from start-ups to global corporates, the team’s work
is characterized by made-to-measure and fit-for-purpose solutions. Its
projects, across all sectors, range from 200 sq m to 20,000 sq m and
include designing Cushman & Wakefield’s Netherlands headquarters in
UNStudio in Amsterdam.
Jeroen Lokerse, Head of the Netherlands at Cushman & Wakefield, said:
“We have first-hand experience as a client of the exemplary service
provided by the DZAP team. Above all, the culture and ambition of our
two firms are fully aligned. This significant acquisition represents an
immediate expansion of our full-services approach to clients in the
Netherlands. We already advise clients on how best to optimize their
workplaces for business performance and now have an in-house Design &
Build solution to turn it into a reality.”
DZAP will be integrated into Cushman & Wakefield’s EMEA Project &
Development Services (PDS) skill line which also provides project
management, building consultancy, interior design, building engineering
and cost consultancy. The regional PDS team, which delivered €2.5
billion of projects covering 2.5 million sq m in 2017, now includes 475
people.
Edward Vis will become Head of PDS in the Netherlands, which, combined
with existing in-country staff and its established and well-regarded
project management team, will be a 65-strong team providing clients with
a ‘turnkey’ – or single provider – option alongside existing services
depending on their individual requirements. Cushman & Wakefield’s
current team lead John Konijn will be a key member of the Netherlands
PDS management team and continues leading his existing team.
Edward Vis, Managing Director of DZAP, said: “We are delighted to join
forces with Cushman & Wakefield, which is dominant in the Dutch occupier
market and which understands the importance of the working environment
to business performance. We always strive to achieve the perfect balance
between the emotion in design and the logic of project management. This
is true whether our client is an organization seeking to enable ways of
working and reflect its culture through its workplace, or the owner of a
building looking to revitalize its asset.”
Colin Wilson, Chief Executive Officer EMEA, Cushman & Wakefield, said:
“This investment gives our clients a creative Design & Build option
backed by accountability and strong corporate governance. We will
continue to strengthen our capabilities across EMEA to ensure we have
the best people and platform to deliver outstanding results for our
clients.”
Cushman & Wakefield was ranked top advisor in the Netherlands for the
office, retail and industrial occupier markets by PropertyNL based on
transactions in the first half of 2018.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services
firm that delivers exceptional value by putting ideas into action for
real estate occupiers and owners. Cushman & Wakefield is among the
largest real estate services firms with 48,000 employees in
approximately 400 offices and 70 countries. In 2017, the firm had
revenue of $6.9 billion across core services of property, facilities and
project management, leasing, capital markets, valuation and other
services. To learn more, visit www.cushmanwakefield.com
or follow @CushWake
on Twitter.
Source: Cushman & Wakefield
View source version on businesswire.com:
https://www.businesswire.com/news/home/20181010005691/en/
Cushman & Wakefield
Lauren Joselyn
Communications
Manager
+44 20 3296 3034
[email protected]
Source: Cushman & Wakefield