Cushman & Wakefield has signed an affiliate arrangement with Excellerate Property Services to offer real estate services across the sub-Saharan African region.
The venture will be branded Cushman & Wakefield Excellerate and cover an established network of 32 offices in 11 sub-Saharan countries. These include 22 offices across South Africa, the largest African commercial property market, as well as strategically important locations including Ghana, Kenya, Nigeria and Zambia.
John Forrester, CEO for EMEA at Cushman & Wakefield, said: 'This is a game-changing development for us in Africa that extends our delivery of all service lines across the sub-Saharan continent, via a single provider.'
Excellerate Property Services is a holding company with over 13,000 employees which operates under brands including JHI and Excellerate Facility Management.
Staff from former DTZ affiliate, DTZ Leadenhall, have also joined Cushman & Wakefield Excellerate. The legacy Cushman & Wakefield alliance partner, ProAfrica, will follow its own initiatives outside of the new Cushman & Wakefield affiliate platform.