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Cushman & Wakefield hires head of German operations
17 Dec, 2012, Germany
Cushman & Wakefield, the world's largest privately owned real estate advisory firm, has
hired Frank Nickel as a Partner and head of its operations in Germany. Frank joins Cushman
& Wakefield from Deutsche Bank where he was Head of the Commercial Real Estate Group in
Frankfurt since 2006.
Whilst at Deutsche Bank Frank was responsible for establishing and building the financing
business and oversaw commercial real estate financing in Germany, Austria and Switzerland. He
was also involved in equity investments in real estate companies as well as the acquisition of
NPL portfolios from German banks and was responsible for close ended commercial real estate
fund business. He was also the Global Coverpool Manager of DB.
With over 20 years of experience in real estate, Frank has also held senior positions in the
industry, working with Fortress Investment Group Germany, GMAC RFC Europe Ltd and CreditWeb
Deutschland.
At Cushman & Wakefield Frank will lead the firm's German operations which comprise 180
staff in five offices in Frankfurt, Berlin, Dusseldorf, Hamburg and Munich and will be
responsible for spearheading the growth of the German business in line with the strategic
growth plan.
Since the start of the year, Cushman & Wakefield has hired 50 professionals in Germany
across all teams including property and asset management, project management, valuation and
advisory, retail and capital markets.
Carlo Barel di Sant'Albano, CEO of Cushman & Wakefield in EMEA, said: "Over the past
18 months and in line with our strategic growth plan we have significantly increased our
presence and market share in Germany taking on top talent in all areas. Frank's outstanding
track record in real estate finance and his many years of experience establishing and building
teams, gives him the perfect credentials to lead our rapidly expanding team as we move closer
to achieving our aim of becoming the leading best-in-class real estate adviser in Europe's
largest economy."
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