Cushman & Wakefield buys out talent
Global property consultant Cushman & Wakefield (C&W) has acquired the entire team of Lemongrass Advisors, a Kolkata-based real estate consultancy firm, for an undisclosed amount. The buyout, which comes close on the heels of C&W's acquisition of Singapore-based project management company Project Solution Group two months ago, is aligned with its global strategy to strengthen operations — both organically and inorganically — in the Asia Pacific.
Under tough economic conditions where jobs are scarce, this buyout sends a clear signal that employers are looking for quality talent with experience.
Read the Economic Times news report here.