Cushman files paperwork for its IPO

Number of shares and price for offering not yet determined

New York /
Jun.June 20, 2018 02:07 PM

Brett White and Cushman New York HQ at 1290 6th Ave (Credit: Vornado Realty Trust)

Cushman & Wakefield filed paperwork with the Securities and Exchange Commission for its long-awaited initial public offering, the company announced Wednesday.

The number of shares Cushman plans to offer and the price range have not yet been determined, the company said.

Rumors have been swirling since earlier last year that Cushman, which is backed by the private equity firm TPG Capital, would look to debut on Wall Street. The Real Deal first reported last month that the global brokerage planned to file with the SEC in June.

Morgan Stanley, JP Morgan, Goldman Sachs and UBS Investment Bank will serve as the joint book-runners managing the offering.

Cushman and its advisers will now gauge interest in the offering before setting pricing and the number of shares to be offered.

Rival brokerage Newmark Knight Frank went public in December.


Related Articles

arrow_forward_ios
Mack Real Estate CEO Richard Mack and one of his new hotels at 51 Nassau Street. (Getty, ING)
Mack Real Estate takes over 7 distressed Manhattan hotels
Mack Real Estate takes over 7 distressed Manhattan hotels
1440 Broadway and CIM Group’s Shaul Kuba (Google Maps, Getty)
CIM closes on $400M refi for 1440 Broadway
CIM closes on $400M refi for 1440 Broadway
Theaters in some cities are opening with restrictions. (Getty, Photo Illustration by Alison Bushor for The Real Deal)
Coming attraction: Movie theaters reopen in New York, San Fran
Coming attraction: Movie theaters reopen in New York, San Fran
Innovo Property Group's Andrew Chung with 23-30 Borden Avenue in Long Island City (Google Maps)
Innovo lands $155M construction loan for LIC warehouse
Innovo lands $155M construction loan for LIC warehouse
Restaurants and bars accounted for a majority of the gains in February (iStock)
Leisure, hospitality big winners in February job gains
Leisure, hospitality big winners in February job gains
The company currently operates 761 stores, and intends to open 100 new stores this fiscal year. (iStock)
Retailer Burlington plans to double store count
Retailer Burlington plans to double store count
(Getty, Photo Illustration by The Real Deal)
Retail had its reckoning. Will subleases flood the market?
Retail had its reckoning. Will subleases flood the market?
Ascena owns Ann Taylor, Lane Bryant, Lou & Grey and Cacique. (Getty)
Ascena restructuring approved post-bankruptcy
Ascena restructuring approved post-bankruptcy
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...