Cushman & Wakefield has launched Asset Optimization Group, which will specialize in underperforming assets.
“Commercial real estate is a highly cyclical business and over the past few years has seen significant headwinds — from the pandemic to a significant shift in the cost of money and inflation,” said Revathi Greenwood, head of real estate optimization at Cushman & Wakefield. “The Asset Optimization Group provides integrated, tailored solutions to maximize recovery for office, industrial, retail and multifamily properties that are underperforming or distressed in this new environment.”
Andrew McDonald, global president, Cushman & Wakefield, added, “Given the current market conditions, we formed the Asset Optimization Group — leveraging the expertise of our Capital Markets, Asset Management, Asset Services, Valuation & Advisory, Agency Leasing and Project Development Services professionals in addition to our market research to support ou
