Cushman & Wakefield and PPR Form Strategic Research Alliance

8 May, 2007, New York, NY

Leading real estate firms to lend proprietary expertise to new research collaboration

Cushman & Wakefield, the world's largest privately held commercial real estate services firm and a leading authority on real estate market fundamentals globally, and Property & Portfolio Research, Inc. (PPR), an independent provider of commercial real estate research, portfolio strategy and risk management advisory services, have entered into a strategic research alliance to enhance the services they each provide their respective clients.

In addition to sharing market information, the firms intend to jointly publish white papers on topics of interest to the global real estate community, and pursue opportunities to jointly develop new research products and analytical tools.

"We aim to provide our clients best-in-class market knowledge and analysis," said Maria Sicola, executive managing director, Research, for Cushman & Wakefield. "A research alliance with PPR adds a new dimension to the research services we are able to offer our clients across global markets and property sectors."

"Integrating Cushman & Wakefield's comprehensive market knowledge with PPR's real estate analytics will significantly improve our ability to help our clients with decisions at the asset level," said Bret Wilkerson, CEO of PPR.

This powerful combination will provide unmatched information-based intelligence to the real estate community. Cushman & Wakefield has more than 200 Research professionals around the world, including nearly 100 throughout the Americas. The firm, which operates 201 offices globally, has provided clients market data and information as a core competency since inception.

About PPR

With offices in Boston and a presence in London, PPR is the leading provider of independent commercial real estate research and portfolio strategy services to the institutional real estate community. PPR provides views on markets in both the United States and Europe. The firm provides clients with expertise in real estate market analysis, real estate portfolio analysis, mortgage risk analysis, and the design of productive real estate investment strategies. Clients include commercial banks, insurance companies, Wall Street firms, rating agencies, government agencies, pension funds, investment advisors, real estate investment trusts, and private investors. PPR is wholly owned by DMG Information, Inc., the business information division of Daily Mail and General Trust, plc (DMGT). Additional information is available at www.ppr.info.

About Cushman & Wakefield

Cushman & Wakefield is the world's largest privately held real estate services firm. Founded in 1917, the firm has 201 offices in 55 countries, and more than 12,000 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. The firm also provides valuation advice, strategic planning and research, portfolio analysis, site selection and space location assistance, among many other advisory services. To find out more about Cushman & Wakefield, visit the firm's Web site at www.cushwake.com.

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Contacts:
George Manthous
Property & Portfolio Research, Inc.
(617) 426-4446
gmanthous@ppr.info

Dwayne Doherty
Cushman & Wakefield
212-841-7748
ddoherty@cushwake.com

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