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Brett White’s war on CBRE

With his $2B deal to buy Cushman, DTZ’s new leader is going after his former firm hard. But will his new mega brokerage be able to catch CBRE?

Brett White
Brett White

From the September issue: It didn’t take Brett White long. As soon as his non-compete clause expired last March, CBRE’s former CEO publicly took on his former employer about as aggressively as one could imagine.

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Within weeks of ascending to a new role as the head of the Chicago-based global real estate giant DTZ, White announced a $2 billion deal to acquire CBRE’s top New York rival, Cushman & Wakefield. The deal closed Tuesday.

The Cushman & Wakefield head also touted his intention to put heat on his former firm and on the industry’s global No. 2, JLL.[more]

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Commercial Real EstateCushman & WakefieldDTZ