Cushman & Wakefield opens in Ukraine with an office in Kiev

13 Aug, 2007, Kiev, Ukraine

Global real estate advisor Cushman & Wakefield, has announced that it has opened an office in Kiev in Ukraine. The new Cushman & Wakefield Ukraine office opens this week with a staff of 15 and will offer a full range of property services covering brokerage, capital markets, advisory and valuation.

The office will be headed by general director, Bud Moore, who moves from Cushman & Wakefield Stiles & Riabokobylko in Moscow. Previously, Moore was leasing Director for AIG/Lincoln in Moscow.

The announcement of Cushman & Wakefield’s new office comes at a time when the Ukrainian market is becoming increasingly attractive to cross-border investors and leading multinational corporate occupiers.

Paul Bacon, CEO of Cushman Wakefield, said; “Our move into the Ukraine builds on our existing highly successful Central and Eastern European operations including our Russian operation in Moscow where we currently have over 300 staff. We are becoming increasingly active in the Ukraine and with our own office in Kiev, Cushman & Wakefield will be in a position to expand the services that it offers both to its local and international clients in these rapidly developing markets.”

Bud Moore, general director of Cushman & Wakefield in Kiev said; “Given the rapid growth in the real estate market in Ukraine and increased demand for our services from local and international clients, the potential to expand in the region is significant and we anticipate growing our staff numbers quickly within the next 12 months.”

Cushman & Wakefield is currently retained in Ukraine as the sole, exclusive agents to Deloitte CIS, Chadbourne & Parke and is active with leading institutional investors including Scorpio, Dawnay Day and Quinn Group.

Peter Quinn, Director, of Quinn Group said: “Cushman & Wakefield is well placed to become a leader in the Kiev market based on their extensive experience working with international occupiers and investors.”

Vladimir Vakht, Managing Director, Deloitte said: “Cushman & Wakefield was selected by Deloitte as our exclusive real estate advisors based on their unmatched real estate experience and their ability to advise us step by step throughout the leasing process which we expect to result in lower operating costs.”

Kiev Office : Cushman & Wakefield Ukraine, 4^th Floor, 50a Khreschatyk Street, Kiev, Ukraine

Ends

For further information, please contact:

Helen Basil, UK Corporate Communications

Cushman & Wakefield

Tel: + 44 20 7152 5110 / 07793 808 110

Notes to Editors:

Cushman & Wakefield is the world’s largest privately held real estate services firm. Founded in 1917, the firm has 201 offices in 55 countries around the globe, and more than 12,000 talented professionals. Cushman & Wakefield delivers integrated solutions by actively advising, implementing and managing on behalf of landlords, tenants, and investors through every stage of the real estate process. These solutions include helping clients to buy, sell, finance, lease, and manage assets. C&W also provides valuation advice, strategic planning and research, portfolio analysis, and site selection and space location assistance, among many other advisory services. To find out more about Cushman & Wakefield, please visit the firm’s web site at www.cushmanwakefield.com.

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