Cushman & Wakefield, the world’s largest privately owned real-estate services firm, has opened its first office in Taipei to strengthen its services in the Greater China region.
The company launched its new office, its sixth in the Asia-Pacific region over the past 18 months, on Wednesday, Cushman & Wakefield Asia chief executive officer Sanjay Verma said.
“This new office will help us increase the depth and breadth of our service offerings to our global clients and it provides us with the opportunity to leverage Taiwan’s economy,” Verma said in a statement.
Randall Hall, executive managing director for Greater China, said the company has many clients in Taiwan that require integrated service offerings.
The nation will have a growing prominence in the region in light of its economy that is forecast to grow between 3 percent and 5 percent over the next few years, Hall said.
Founded in 1917, Cushman & Wakefield has 243 offices in 60 countries, employs more than 14,000 workers and is headquartered in New York.
The company hired Jack Lin (林志冠) to be managing director of its Taipei office.
Lin previously worked as the managing director of Taiwan Sotheby’s International Realty, where he established a luxury residential brokerage business.