CUSHMAN & Wakefield has expanded into Malaysia, opening a new office in Kuala Lumpur, its 35th office in Asia Pacific.
Asia Pacific CEO Sanjay Verma said the move is in line with the agency’s five-year strategic plan.
“This new office in Kuala Lumpur will help us further increase the depth and breadth of our service offerings to our global clients,” Verma added.
Cushman & Wakefield South East Asia executive managing director Arsh Chaudhry said Malaysia is a key market.
“It’s the third largest economy in South East Asia, and going forward it is going to play a key role in the ASEAN Economic Community (AEC). Malaysian capital sources have been active investors in real estate assets across the world and on the back of strong domestic demand, many of our global clients are expanding across Malaysia.
“Our new Malaysia office is a wholly owned Cushman & Wakefield entity, illustrating our commitment to this exciting market,” Chaudhry said.
Property Review