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C&W expands Mexico operations.


In another move that further enhances its growing global services to clients, Cushman & Wakefield announced today it has purchased the ownership interest of a longtime long·time  
adj.
Having existed or persisted for a long time: a longtime friend; a longtime resident of Detroit.


longtime
Adjective
 partner to acquire full control of Cushman & Wakefield Mexico.

Cushman & Wakefield purchased the 50 percent interest in the firm it did not already own from Groupo Accion, a Mexican real The real was a currency of Mexico, issued until 1897. There were 16 silver reales to 1 gold escudo, with 8 tlacos to the real. The peso, which circulated alongside the real and eventually replaced it, was equal to 8 reales.  estate and development company that had been its partner in Cushman & Wakefield Mexico for 14 years. Terms of the agreement were not announced.

"Mexico's economy continues to grow steadily in the transportation, warehousing, communications and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 sectors, which places Mexico on the global stage with other world economies. This is why Cushman & Wakefield has put a focus on Mexico as a place to continue our strategic expansion growth initiative," said Victor Lachica, president of Cushman & Wakefield Mexico.

Cushman & Wakefield is planning to expand its presence in Mexico. Cushman & Wakefield has operations in Mexico City Mexico City
 Spanish Ciudad de México

City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi
, Juarez and Monterrey providing office and industrial brokerage, research, valuation, client solutions and capital markets services to its clients in the region. With more than 170 employees throughout Mexico, Cushman & Wakefield Mexico has consistently been the leader in the market.

"This is another move to ensure consistency of service delivery around the world," said Tony Marano, chief executive officer for the Americas at Cushman & Wakefield. "We continue to see Mexico as an area of interest for our clients and an area that we will continue to invest in as a firm."

Over the past 20 months, Cushman & Wakefield has acquired its Russian Russian

associated in some way with Russia.


Russian blue
a breed of cats with short, dense, silver-tipped blue-colored coat and vivid green eyes.
 affiliate, Stiles Stiles can refer to: People
  • Bert Stiles, short story writer
  • Charles Wardell Stiles, American zoologist
  • Edgar Stiles, character on the popular drama 24
  • Ezra Stiles, president of Yale College
  • Innis Stiles, singer, musician
 & Riabokobylko (now Cushman & Wakefield Stiles & Riabokolbylko) and its Canadian affiliate, Royal LePage Royal LePage is a Canadian real estate franchiser and owner-operator with more than 600 locations and over 12,000 Realtors in Canada.[1] Founded in 1913 by Albert E. LePage, Royal LePage is now owned by the Royal LePage Franchise Services Fund (TSX: RSF.un).  Commercial, (now Cushman & Wakefield LePage) both leaders in their respective markets.

"This is great news for our clients and our employees," said Lachica.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Oct 11, 2006
Words:289
Previous Article:Global direct real estate investment reaches record $290b.
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