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History | ID | Cushman & Wakefield

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Guide </a></li> <li><a href="/en/indonesia/insights/property-market-analysis">Property Market Analysis: 2023 Reflection and 2024 Outlook by Cushman &amp; Wakefield</a></li> <li><a href="/en/indonesia/insights/main-streets-across-the-world">Main Streets Across the World 2023</a></li> </ul> </div> <div class="submenu-inner"> <a href="/en/indonesia/insights" class="submenu-title">MARKET REPORTS</a> <ul class="submenu-list"> <li><a href="/en/indonesia/insights/jakarta-marketbeat">Jakarta MarketBeat</a></li> </ul> </div> <div class="submenu-inner"> <a href="/en/indonesia/news" class="submenu-title">LATEST NEWS</a> <ul class="submenu-list"> <li class="latest-updates"> <a href="/en/indonesia/news/2024/10/cushman-and-wakefield-facilitates-southeast-asia-showcase">Cushman &amp; Wakefield facilitates Southeast Asia showcase to highlight the region’s benefits to manufacturers</a> <br /> <span class='submenu-list-date'>25/10/2024</span> </li> <li class="latest-updates"> <a href="/en/indonesia/news/2023/06/cushman-and-wakefield-grows-its-capital-advisory-business-in-australia-and-greater-china">Cushman &amp; Wakefield Grows its Capital Advisory business in Australia and Greater China</a> <br /> <span class='submenu-list-date'>26/06/2023</span> </li> <li class="latest-updates"> <a href="/en/indonesia/news/2022/01/asia-pacific-set-to-become-worlds-largest-data-centre-region-over-next-decade">Asia Pacific Set to Become World’s Largest Data Centre Region Over Next Decade </a> <br /> <span class='submenu-list-date'>14/01/2022</span> </li> </ul> </div> </div> </li> <li> <a href=#> About Us <i class="fal fa-angle-down"></i> </a> <div class="submenu megamenu-text"> <div class="submenu-inner"> <a href="/en/indonesia/careers" class="submenu-title">CAREERS</a> <ul class="submenu-list"> <li><a href="/en/indonesia/careers">Join our team</a></li> </ul> </div> <div class="submenu-inner"> <a href="/en/indonesia/about-us" class="submenu-title">ABOUT US</a> <ul 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class="submenu-mobile-title">ABOUT US</a> <ul class="submenu-mobile-list"> <li><a href="/en/indonesia/about-us/esg">Environmental, Social &amp; Governance</a></li> <li><a href="/en/indonesia/about-us/diversity-and-inclusion">Diversity, Equity &amp; Inclusion</a></li> <li><a href="/en/indonesia/about-us/history">Our History</a></li> </ul> </div> <div class="submenu-mobile-inner"> <a href="/en/indonesia/offices" class="submenu-mobile-title">OFFICE LOCATIONS</a> <ul class="submenu-mobile-list"> <li><a href="/en/indonesia/offices/jakarta">Jakarta</a></li> </ul> </div> </div> </div> </li> <li class='mobile-view-only'> <ul> </ul> </li> </ul> <div class='contact-us-btn-mobile d-none'> <a href="https://www.cushmanwakefield.com/en/inquire" class="btn btn-primary contactUsMobile-anchor">CONTACT US</a> </div> </header> <!-- END NOINDEX --> <main style=""> <!-- BEGIN NOINDEX --> <section class="container"> <nav aria-label="breadcrumb"> <ol class="breadcrumb js-breadcrumb"> <li class="breadcrumb-item js-breadcrumb-item"><a href="/en/indonesia">Indonesia</a></li> <li class="breadcrumb-item js-breadcrumb-item"><a href="/en/indonesia/about-us">About Us</a></li> <li class="breadcrumb-item js-breadcrumb-item active" aria-current="page">History</li> </ol> </nav> </section> <!-- END NOINDEX --> <section class="container" style="" > <div class="theme-darkblue"> <div class="card mix_hero-pageTitle js-hero"> <div class="card-animation-container"> <img class="card-img-top d-md-none image-resizing" alt="History (image)" src="https://cw-gbl-gws-prod.azureedge.net/-/media/cw/global/about-us/about-us-history-mobile.jpg?rev=6441d5abf76749558647559eee28cf1b" width="406" height="260"/> <img class="card-img-top d-none d-md-block image-resizing" alt="People in street (image)" src="https://cw-gbl-gws-prod.azureedge.net/-/media/cw/global/about-us/history-timeline-hero.png?rev=5f35f3dbfca241fd848a27745ece152d" width="1176" height="521"/> <div class="card-animation-block mix_primary" style=""></div> <div class="card-animation-block mix_secondary" style=""></div> </div> <div class="card-body" style=""> <p class="card-category">About Us</p> <h1 class="card-title">A RICH HISTORY OF PUTTING CLIENTS AT THE CENTER OF WHAT'S NEXT</h1> </div> </div> </div> </section> <section class="container" style="" > <div> <div class="page-summary rich-text"> What began as a small family business in New York more than 100 years ago, is now a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Our iconic brand and approximately 51,000 people operate across approximately 400 offices in 70 countries. And from Silver Court in Shanghai to the Sears Tower in Chicago to all that comes next, our clients are at the center of all we do. </div> </div> <div class="timeline"> <h2 class="timeline-headline">Major Milestones in Time</h2> <ul class="timeline-items"> <li class="timeline-item mix_center"> <div class="timeline-item-date">1784</div> <div class="timeline-item-body clearfix"> <h6 class="timeline-item-subhead">Chesshire Gibson</h6> <h5 class="timeline-item-headline">DTZ founding predecessor firm, Chesshire Gibson, established in Birmingham, UK.</h5> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">1820</div> <div class="timeline-item-body clearfix"> <h5 class="timeline-item-headline">Healey &amp; Baker</h5> <p>Cushman &amp; Wakefield’s future European operation is founded in London, United Kingdom</p> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">1853</div> <div class="timeline-item-body clearfix"> <h5 class="timeline-item-headline">Debenham and Tewson</h5> <p>Beginnings in London with the second predecessor, Debenham and Tewson</p> </div> </li> <li class="timeline-item mix_center"> <div class="timeline-item-date">1917</div> <div class="timeline-item-body clearfix"> <h6 class="timeline-item-subhead">Cushman &amp; Wakefield, Inc</h6> <h5 class="timeline-item-headline">Cushman &amp; Wakefield incorporated in New York</h5> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">1926</div> <div class="timeline-item-body clearfix"> <p>Cushman &amp; Wakefield opens rental office in General Motors building</p> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">1926</div> <div class="timeline-item-body clearfix"> <p>Cushman &amp; Wakefield wins &#39;Most Ingenious Deal of Year&#39; for sale of the land for the United Nations project</p> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">1969</div> <div class="timeline-item-body clearfix"> <p>Media conglomerate RCA Corp. acquires Cushman &amp; Wakefield</p> </div> </li> <li class="timeline-item mix_center"> <div class="timeline-item-date">1969</div> <div class="timeline-item-body clearfix"> <h6 class="timeline-item-subhead"></h6> <h5 class="timeline-item-headline">Cushman &amp; Wakefield project developer of Chicago&#39;s Sears Tower</h5> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">1976</div> <div class="timeline-item-body clearfix"> <p>RCA Corp. sells its stake to The Rockefeller Group</p> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">1987</div> <div class="timeline-item-body clearfix"> <p>Listed on London Stock Exchange as Debenham, Tewson &amp; Chinnocks (DTZ)</p> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">1989</div> <div class="timeline-item-body clearfix"> <p>Mitsubishi Estate Co. Ltd, one of the world’s largest real estate companies, becomes The Rockefeller Group’s majority shareholder</p> </div> </li> <li class="timeline-item mix_center"> <div class="timeline-item-date">1990</div> <div class="timeline-item-body clearfix"> <h6 class="timeline-item-subhead">Presence in Europe</h6> <h5 class="timeline-item-headline">European presence established through Healey &amp; Baker</h5> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">1993</div> <div class="timeline-item-body clearfix"> <h5 class="timeline-item-headline">DTZ brand established</h5> <p>European joint ventures with Jean Thouard of France and the Zadelhoff Group in Germany and the Netherlands, creates the DTZ brand</p> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">1994</div> <div class="timeline-item-body clearfix"> <p>Cushman &amp; Wakefield establishes worldwide partnerships with major real estate firms in the Americas, Europe, Asia</p> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">1999</div> <div class="timeline-item-body clearfix"> <p>DTZ extends into Asia with partners CY Leung &amp; Co in China and Edmund Tie &amp; Co in Singapore</p> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">2001</div> <div class="timeline-item-body clearfix"> <h5 class="timeline-item-headline">Cushman Realty Corporation acquired</h5> <p>Cushman &amp; Wakefield acquires Cushman Realty Corporation (CRC), bolstering its presence on the West Coast and Southwest United States, bringing CRC founders John C. Cushman III and Louis B. Cushman back to the firm founded by their grandfather, J. Clydesdale Cushman and great-uncle, Bernard Wakefield</p> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">2004 - 2008</div> <div class="timeline-item-body clearfix"> <p>Global expansion through acquisition and the opening of DTZ offices across Europe, Asia, the Middle East and the Americas</p> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">2005</div> <div class="timeline-item-body clearfix"> <p>Cushman &amp; Wakefield acquires Russian firm Stiles &amp; Riabokobylko, Canada’s Royal LePage and Semco Johnson Controls</p> </div> </li> <li class="timeline-item mix_center"> <div class="timeline-item-date">2007</div> <div class="timeline-item-body clearfix"> <h6 class="timeline-item-subhead"></h6> <h5 class="timeline-item-headline">IFIL (now known as EXOR) acquires majority stake in Cushman &amp; Wakefield</h5> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">2011</div> <div class="timeline-item-body clearfix"> <p>Australian engineering firm UGL acquires DTZ which is integrated with their existing property services operations across the globe under the DTZ brand</p> </div> </li> <li class="timeline-item"> <div class="timeline-item-date">2014</div> <div class="timeline-item-body clearfix"> <p>UGL sells DTZ to a private equity consortium comprising TPG Capital, PAG Asia Capital and Ontario Teachers’ Pension Plan</p> </div> </li> <li class="timeline-item mix_center"> <div class="timeline-item-date">2015</div> <div class="timeline-item-body clearfix"> <h6 class="timeline-item-subhead">Cushman &amp; Wakefield merges with DTZ</h6> <h5 class="timeline-item-headline">TPG Consortium purchases US commercial real estate firm Cassidy Turley, adding 4,000 employees</h5> </div> </li> <li class="timeline-item mix_center"> <div class="timeline-item-date">2017</div> <div class="timeline-item-body clearfix"> <h6 class="timeline-item-subhead">Cushman &amp; Wakefield celebrates 100 years</h6> <h5 class="timeline-item-headline">The Cushman &amp; Wakefield brand celebrates 100 years of turning our clients’ ideas into action</h5> </div> </li> <li class="timeline-item mix_center"> <div class="timeline-item-date">2018</div> <div class="timeline-item-body clearfix"> <h6 class="timeline-item-subhead"> Cushman &amp; Wakefield listed as a public company</h6> <h5 class="timeline-item-headline">Cushman &amp; Wakefield (CWK) is listed on the New York Stock Exchange (NYSE) </h5> </div> </li> </ul> <h2 class="timeline-headline">What's Next?</h2> </div> <!-- Modal --> <div class="modal fade js-modalVideo" id="timelineVideo_50facb40-8d0e-4f26-a6ca-e54602c773c3" tabindex="-1" role="dialog" aria-labelledby="timelineVideo__50facb40-8d0e-4f26-a6ca-e54602c773c3" aria-hidden="true"> <div class="modal-dialog modal-dialog-centered modal-xl" role="document"> <div class="modal-content"> <div class="modal-header"> <h5 class="modal-title">Cushman &amp; Wakefield celebrates 100 years</h5> <button type="button" class="close" data-dismiss="modal" aria-label="Close"> <i class="fal fa-times"> <span class="sr-only">Close Modal</span> </i> </button> </div> <div class="modal-body"> <div class="modal-body-video"> <iframe class="js-youTubePlayerInstance" width="766" height="430" src="https://www.youtube.com/watch?v=ZtbfJfnzprs&amp;feature=youtu.be&amp;rel=0" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen loading="lazy"></iframe> </div> </div> </div> </div> </div> <section class="container mb-5"> <h2 class='container-headline mix_align-center'>More about cushman & wakefield</h2> <div class="row"> <div class="col-lg-4"> <div class="card mix_service"> <div class="card-body"> <h5 class="card-title">Environmental, Social and Governance (ESG)</h5> <div class="card-text mb-3 rich-text">Taking bold action for the future of real estate.</div> <a href="/en/indonesia/about-us/esg" class="btn btn-secondary btn-block" title="Learn more about CSR" >Learn more</a> </div> </div> </div> <div class="col-lg-4"> <div class="card mix_service"> <div class="card-body"> <h5 class="card-title">Diversity & Inclusion</h5> <div class="card-text mb-3 rich-text">When our workforce and clients reflect the world around us, everyone succeeds. We are committed to creating a diverse and inclusive culture.</div> <a href="/en/indonesia/about-us/diversity-and-inclusion" class="btn btn-secondary btn-block" target="_self" >Learn more</a> </div> </div> </div> <div class="col-lg-4"> <div class="card mix_service"> <div class="card-body"> <h5 class="card-title">Leadership</h5> <div class="card-text mb-3 rich-text">Our people are our best assets. And our experienced executive leadership team brings diverse expertise and disciplines.</div> <a href="/en/about-us/leadership" class="btn btn-secondary btn-block" target="_parent" >Learn more</a> </div> </div> </div> </div> <div class="row"> <div class="col-lg-4"> <div class="card mix_service"> <div class="card-body"> <h5 class="card-title">Careers</h5> <div class="card-text mb-3 rich-text">A company promising its clients that we understand what’s next needs to hire what’s next. 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