CUSHMAN & Wakefield has pulled off a stunning heist, grabbing a 14-strong team headlined by prominent Melbourne-based agents from Colliers including Daniel Wolman and Oliver Hay.
According to Cushman & Wakefield, Wolman and Hay, who have been appointed as international directors and co-head investment sales, have enjoyed a 75% market share across the Melbourne CBD over the past five years.
Senior operators also joining the team include Leon Ma, Anthony Kirwan, George Davies, Alexander Leggo, Jeff Ha and Karim Ford.
The team of 14, being introduced to the market as Melbco, will cover middle markets, city sales and fringe, metro markets, development sites, retail sales and offer an Asia services desk.
“The wider Victorian commercial Agency will benefit greatly from Daniel, Oliver and this new team’s unrivalled track record and passion for delivering best-in-class client service,” said Luke Etherington, Cushman & Wakefield’s managing director, Victoria.
“We continue to develop and invest in our agency business, with the view of providing our clients with the very best brokers across every market.
Hay said, “To join a company that is well established, both nationally and globally is a true testament to what this team wishes to deliver to our clients, which is market-leading advice and unrivalled industry experience in an ever-changing market.
“With a stable economic and political environment, coupled with a growing population, demand for commercial properties including office, retail, and industrial properties is expected to remain strong. The market offers attractive yields, and the potential for long-term capital growth, making it a promising investment destination for local and international investors alike.”
The appointments follow Cushman & Wakefield building out its national commercial capital markets and national industrial capital markets teams.
