Cushman & Wakefield is a founding anchor partner for the Plug and
Play Real Estate & Construction vertical
CHICAGO--(BUSINESS WIRE)--
Cushman & Wakefield (NYSE: CWK), a leading global real estate services
firm, today announced its partnership with Plug and Play, a global
innovation and startup accelerator platform. Cushman & Wakefield joins
as a founding anchor partner for the Plug and Play Real Estate &
Construction vertical.
Established in 2006, Plug and Play brings together the best startups and
the biggest corporations around the world through a series of
industry-specific accelerator programs. The Plug and Play Real Estate &
Construction program launched earlier this year as a spin off from one
of their oldest and most successful programs focused on the Internet of
Things.
"By combining the power of Plug and Play’s international footprint
through innovation platforms in China, Japan, U.S., France, Germany and
the Middle East with Cushman & Wakefield’s reach as a global leader in
the real estate industry, we are creating the biggest and best
innovation platform in the world," said Saeed Amidi, CEO of Plug and
Play. "We are very proud of this partnership with Cushman & Wakefield,
which will aim to create massive innovation in the industry. Piloting
new technologies in different continents and rolling out the best
solutions will create great value for the entrepreneurs and startups,
for Cushman & Wakefield, for Plug and Play, and most importantly, for
real estate owners and corporations."
As a founding partner, Cushman & Wakefield will work with Plug and Play
startups while focusing on the firm’s mission of delivering integrated
solutions to real estate owners and occupiers at every stage of the real
estate and commercial property process.
“We view technology as an opportunity to leverage our global platform to
drive client value. A diversity of partnerships has allowed Cushman &
Wakefield to access tremendous opportunities to find creative,
technologically-driven solutions that apply to our clients and their
needs,” said John Forrester, President of Cushman & Wakefield.
“By placing bets with early-stage PropTech companies, later-stage
technology investments and thought leaders in both CRE and technology,
Cushman & Wakefield is well-positioned to capitalize on PropTech
developments and anticipate trends as they start,” said Adam Stanley,
CIO and Chief Digital Officer of Cushman & Wakefield. “Our global
partnership with Plug and Play’s Real Estate & Construction program is
an exciting extension of our commitment to leading innovation in real
estate.”
“After expanding our program and specializing in numerous verticals, we
are excited to focus on Real Estate & Construction,” said Michael
Olmstead, Chief Revenue Officer of Plug and Play. “We are seeing
tremendous growth throughout emerging technologies in the space, and we
are thrilled to welcome Cushman & Wakefield as a founding anchor
partner.”
Source: Cushman & Wakefield
About Plug and Play
Plug and Play is a global innovation platform. Headquartered in Silicon
Valley, we have built accelerator programs, corporate innovation
services, and an in-house VC to make technological advancement progress
faster than ever before. Since inception in 2006, our programs have
expanded worldwide to include a presence in over 20 locations globally
giving startups the necessary resources to succeed in Silicon Valley and
beyond. With over 10,000 startups and 280 official corporate partners,
we have created the ultimate startup ecosystem in many industries. We
provide active investments with 200 leading Silicon Valley VCs, and host
more than 700 networking events per year. Companies in our community
have raised over $7 billion in funding, with successful portfolio exits
including Danger, Dropbox, Lending Club, and PayPal. For more
information, visit www.plugandplaytechcenter.com
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.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20181203005748/en/
MEDIA CONTACT:
Brad Dugard
Vice President
Corporate Communications
+1 647 268 4599
brad.dugard@cushwake.com
Source: Cushman & Wakefield