C&W posts $26m profit in 2010

Privately-held commercial real estate services firm Cushman & Wakefield (C&W) swang to a net profit of $25.7 mln in 2010, compared to a loss of $115.8 mln in 2009. The company said it closed 2010 with four consecutive quarters of double-digit revenue growth, driving full-year commission and service fee revenue to $1.4 bn, up from $1.2 bn the year before.

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