Cushman & Wakefield underpins its dome in Spain with new hire

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

Jesús Silva has over 15 years of experience in real estate and has held the position of Director of UBS Asset Management in Spain and Portugal since 2007.

Cushman & Wakefield reinforces its dome in the Spanish market

The consultant has signed up the head of UBS Asset Management in Spain and Portugal, Jesús Silva, as the new General Director in the country, as sources of the sector have confirmed to EjePrime. The Manager will occupy a newly created position, while Oriol Barrachina will continue as CEO of the company in Spain.

Bachelor of Business Administration from the University of Seville, Silva has over 15 years of experience in real estate. The executive took his first steps in the sector as an Asset Manager in Rodamco and had worked at UBS since 2007.

The incorporation of Silva into the team adds to the signing of other managers by the company in the last year. In March, the company launched a hotel consulting division with a team of four former directors of Magma Hospitality Consulting. Under the agreement, the founding partners of Magma HC, Albert Grau and Bruno Hallé, and consultants Marga Claret and Anna Rojas, joined the staff of Cushman & Wakefield.

Two months later, the company joined Óscar Fernández Serrano, until then Director of Savills Aguirre Newman, as the new Head of Project Development. In June, Cushman & Wakefield signed up its high street team with the signing of four new consultants from JLL, Realia and Shophunters.

The American consultancy, founded in 1917, has 51,000 employees in 400 offices in 70 countries. In Spain, Cushman & Wakefield has more than thirty years of experience and covers the entire geography of the country, with offices in Barcelona and Madrid.

The consultancy closed the first half of the year with losses of 14.6 million dollars (13.2 million euros), a substantial improvement over the close of the first six months of 2018, when the company lost 126.4 million dollars (114.3 million euros). The improvement was mainly due to the increase in revenues, which between January and June stood at 4,027 million dollars (3,600 million euros), with a growth of 8% year-on-year.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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