Cushman & Wakefield has partnered with MetaProp NYC, a real estate technology nexus, to provide the the firm with exclusive worldwide strategic advice and corporate development across business lines and support services.
The partnership provides startups with:
- Single point of entry to the global Cushman & Wakefield ecosystem
- Insight into Cushman & Wakefield operational and client business needs
- Fast tracked technology and business diligence
- Matching with appropriate Cushman & Wakefield client and business champions
- Pilots, partnerships, investments, and acquisition opportunities.
Brett White, chairman and CEO, Cushman & Wakefield, said: “With the pace of change in the world today, we have to remain quick and agile to deliver value to our customers. We favor new organizational models that leverage strategic partnerships and reject our industry’s convention to self-perform every aspect of the value chain. By partnering with some of the best and brightest minds in real estate technology, our partners succeed, and our clients succeed.”
“We believe in a ‘partner first’ approach when it comes to the next generation of real estate innovation,” said Adam Stanley, Global CIO and Chief Digital Officer, Cushman & Wakefield.
“MetaProp immediately gives our professionals the broadest vision into the property tech space and supercharges our platform for analyzing, partnering and implementing best-in-class real estate technologies from around the world. Top startup partners can now offer our clients, as well as our brokerage, consulting, management, and valuation professionals, the most forward-thinking software, hardware and tech-enabled services to improve their businesses.”
“From top-to-bottom, Cushman & Wakefield is now laser focused on the future of real estate,” said Aaron Block, Founding Partner and Managing Director, MetaProp NYC.
“They are in touch with client needs, they know their internal strengths and they have begun to establish deep relationships with the broader PropTech community to take advantage of the best new real estate technologies. MetaProp is thrilled to help Cushman & Wakefield scale and expedite its global tech activities.”
Stanley added: “We continue to find partnering the most advantageous strategy for this rapidly changing space. With hundreds of start-ups entering the commercial real estate ecosystem each year, the ability to pivot and exploit the best solution is greater if you are able to partner.
“Optimizing productivity requires diversity at the edge and our relationship with MetaProp supports this philosophy. In a few months, we have been able to evaluate more than 100 potential partners, selecting about 10 percent of the relationships to cultivate. Our talent and energy is focused on our clients and not in the evaluation, acquisition and integration of technology platforms.
“Real estate has lagged other industries in adopting technology, but that is now changing at digital speed in every area of our industry. Cushman & Wakefield is in a position to lead the charge.”