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Cushman & Wakefield launches Alternatives platform of scale

Jess Freeman • 10/04/2024
10 April 2024 - Cushman & Wakefield, a global leader in real estate services, is reinforcing its commitment to the Alternatives sector with the launch of its Alternatives platform and appointment of David Curtis (Capital Markets) and David Bruce-Clarke (Valuations) as Co-Heads of Alternatives in Australia and New Zealand. 

With their extensive expertise and strategic vision, Curtis and Bruce-Clarke will lead the platform into its next phase of growth and innovation.

David-CurtisDavid Curtis brings over 24 years of experience in commercial real estate, specialising in a diverse array of transactions. His comprehensive background includes strategic advisory, recapitalisations, sale and leaseback transactions, and fund raising across various sectors such as Healthcare, Seniors Living, Build to Rent, and Renewables. Throughout his career, David Curtis has managed real estate portfolios for renowned fund managers, demonstrating his adeptness in navigating complex market landscapes.

Dave-Bruce-ClarkDavid Bruce-Clarke has over 30 years of real estate industry experience, with a focus on the Alternative sectors for the past two decades. His expertise spans valuation advisory for diverse purposes including mortgage security, financial reporting, and investment decisions. David Bruce-Clarke's specialised knowledge encompasses Healthcare/Medical, Retirement Living, Aged Care, and Self-Storage sectors, reflecting his deep understanding of the intricacies within these industries.

Together, David Curtis and David Bruce-Clarke will lead a team of over 21 operatives, bolstering Cushman & Wakefield's existing in-country specialists to form a formidable Alternative markets platform. This consolidated team will offer unparalleled transactional and advisory capabilities across a broad spectrum of sectors including seniors living, student accommodation, BTR, health and aged care, and renewables.

This announcement follows the firm’s recent appointment of Noral Wild, as CEO of for Australia & New Zealand, who will oversee a team of 1,750 employees across 17 offices, marking the next phase of the firm’s growth. 

Noral Wild, CEO of Cushman & Wakefield Australia & New Zealand, expressed her confidence in the firm's strategic direction, stating, "Cushman & Wakefield has made significant investment in the Alternatives markets across the global network to ensure our focus is aligned to our clients’ needs. 

“The establishment of the Alternatives platform, alongside recent strategic acquisitions and leadership developments, underscores Cushman & Wakefield's unwavering dedication to driving growth and excellence in the Asia Pacific region” she continued.

These strategic appointments coincide with the firm’s launch of its Australian Alternatives Outlook 2024 report - the first of its kind, which illustrates how many alternative sectors have demonstrated remarkable resilience, outperforming core sectors grappling with structural shifts, despite economic headwinds.
 
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

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