CWK · Cushman & Wakefield Ltd.

Cushman & Wakefield (NYSE: CWK), a global real estate services firm, announced that it has arranged $74.1 million in financing on behalf of the Silicon Valley Initiative Partnership for the conversion of the historic Bank of Italy building at 12 South 1st Street in downtown San Jose, California. The financing was provided by Deutsche Bank. The project involves the adaptive reuse of the iconic Bank of Italy building, transforming the 13-story historic office tower into a mixed-use residential and retail asset. Originally constructed in 1926, the property will be converted into approximately 126,000 square feet of multifamily and commercial space, providing 109 market-rate residential units. Cushman & Wakefield’s Equity, Debt & Structured Finance team, including Dave Karson, Chris Moyer, Alex Lapidus and Chris Meloni, arranged the financing on behalf of the borrowers. “This transaction highlights the growing momentum behind office-to-residential conversions as cities look

Cushman & Wakefield’s 2026 Global Data Center Market Comparison finds development pipelines surging worldwide as operators expand beyond traditional hubs Global data center markets are entering a new phase of expansion defined not simply by growth, but by increasingly strategic and selective development, according to Cushman & Wakefield’s 2026 Global Data Center Market Comparison report. For the first time, Dallas ranked as the No. 1 primary data center market in the world, followed by Atlanta (2), Virginia (3), Columbus (4) and Johor (5). Austin-San Antonio and West Texas led the secondary and tertiary market rankings, underscoring Texas’ growing importance as a large-scale AI infrastructure hub. Top cities for data centers as ranked by Cushman & Wakefield's 2026 Global Data Center Market Comparison Driven by accelerating AI adoption, cloud computing demand and digital infrastructure investment, global capacity under construction approached 31.7 gigawatts (GW) in 2025,

Quintana Joins as Executive Managing Director, while Arrivo Joins as Executive Director Cushman & Wakefield announced today that retail advisors Aracibo Quintana and Marty Arrivo have joined the firm in Miami as Executive Managing Director and Executive Director, respectively, strengthening its retail leasing and advisory capabilities across South Florida and the broader Americas region. Aracibo Quintana Quintana and Arrivo bring decades of experience advising global brands, developers, and owners on retail strategy, leasing, and market expansion. Their addition comes as South Florida continues to attract inbound population growth, international investment and new retail development, reinforcing the region’s role as a gateway market for domestic and global brands. “Aracibo and Marty are highly respected advisors with deep market knowledge and strong relationships across the retail industry,” said Victoria Malkin, President, Americas Markets at Cushman & Wakefield. “As we

Portfolio totals more than 27.7 million sq ft (2.5 million square meters) First valuation to be delivered in June 2026 Cushman & Wakefield has been appointed by SEGRO, the UK’s largest Real Estate Investment Trust (REIT), as valuer of its UK portfolio of modern warehousing, industrial property, data centres, and development land assets. SEGRO’s UK portfolio totals more than 27.7 million sq ft (2.5 million square meters) of space, including the Slough Trading Estate, Europe’s largest trading estate in single ownership. The portfolio spans key regions such as London, the Western Corridor and the Midlands and is home to a diverse mix of industries, from e-commerce and technology to advanced manufacturing and urban logistics. Charles Smith, Chairman, UK Valuation & Advisory at Cushman & Wakefield, said : “Our specialist valuers and the multidisciplinary client team around them will be combining deep asset-level knowledge with leading sector and supply chain insight from across

Experienced dealmaker O’Regan to join from JLL where he is a Director in its London Capital Markets team Richard Womack will move into new role as Head of Capital & Strategic Partnerships when O’Regan joins in Q4 2026 Cushman & Wakefield has appointed one of London’s leading investment agents, Jonathan O’Regan, as Head of West End Capital Markets. West End specialist O’Regan is currently at JLL where he has spent five years as a Director in its London Capital Markets team. Prior to that he spent 11 years at Savills and five years at Avison Young. O’Regan has advised on numerous landmark transactions contributing to a deal volume exceeding £5 billion. Recent transactions include Lone Star’s acquisition of 90 Whitfield Street, a Fitzrovia office, earlier this year, the acquisition of 103-113 Regent Street for a private investor in March 2026, and the sale of Standbrook House at 2-5 Old Bond Street on behalf of a Hong Kong investor in Q4 2025. Chris Bennett, Head of London

New scenario-based analysis quantifies AI's impact across office, industrial, retail and multifamily, finding near-term adjustment in office but broad-based demand uplift over time Artificial intelligence is projected to generate approximately 330 million square feet of additional commercial real estate (CRE) demand in the United States over the next decade, according to new analysis from Cushman & Wakefield (NYSE: CWK). The study, AI Impact on Commercial Real Estate: The Next 10 Years , is the first global, multi-sector, scenario-based assessment of how AI adoption will reshape real estate fundamentals across all major property types. Rather than attempting to forecast how AI itself evolves, the framework focuses on how firms respond to AI under different adoption, productivity, and monetization scenarios, and how those responses translate into macroeconomic outcomes, space demand, and capital markets dynamics. Importantly, these scenarios are not analyzed in isolation; they are

Reported highest first quarter revenue in company history Robust Leasing revenue growth of 19% (17% in local currency) Sustained momentum in Services with 9% (7% in local currency) growth Cushman & Wakefield Ltd. (NYSE: CWK) today reported financial results for the first quarter of 2026. First Quarter Results: Revenue of $2.5 billion for the first quarter of 2026 increased 11% (9% in local currency) from the first quarter of 2025. Services revenue increased 9% (7% in local currency), reflecting sustained momentum across all segments, led by higher facilities management and project management revenue. Leasing revenue increased 19% (17% in local currency), driven primarily by growth in the Americas across all deal sizes, with continued strength in office and industrial leasing, including data centers. Capital markets revenue increased 15% (14% in local currency), marking our sixth consecutive quarter of double-digit growth. Americas Capital markets, up 22% (22% in local currency),

Cushman & Wakefield (NYSE: CWK) announced today that Ryan Miller , Executive Regional Director, has assumed expanded leadership responsibility for the firm’s Atlanta and Nashville operations, further strengthening strategic alignment across two of the Southeast’s fastest‑growing commercial real estate markets. He will also continue to oversee the Mid-Atlantic Region, which includes DC Metro, Baltimore and the Carolinas. “Atlanta and Nashville are two of the most dynamic, opportunity‑rich markets in the country,” Miller said. “Both cities benefit from strong economic fundamentals, diverse talent bases, and accelerating demand across industry sectors and property types. I’m excited to partner with our exceptional local teams to continue to deliver best‑in‑class solutions for our clients, and to invest in the next generation of leaders.” In his expanded role, Miller will be responsible for driving growth and enhancing the firm’s market position across the region. To that end, he will

Industry veteran joins in new key leadership role Cushman & Wakefield (NYSE: CWK) announced today that Tom Maloney has joined the firm as Chair, Occupier Advisory Services. In this senior leadership role, Maloney will accelerate growth, elevate talent, and strengthen Cushman & Wakefield’s Occupier Advisory Services platform. Tom Maloney “Tom brings an exceptional track record and a proven ability to scale and grow a commercial real estate advisory and services business,” said Matt Chatham, President, Occupier Advisory Services. “Companies face shifting demands, and Tom has built an impressive career in developing strategies that deliver consistent best practices and agile solutions to solve occupier’s evolving challenges.” “His leadership will be vital as we continue to deliver a world-class platform to serve clients,” he continued. “Tom joining the team accelerates our momentum and reinforces Cushman & Wakefield's commitment to providing top-tier global advisory.”