Business news from Ukraine

Cushman & Wakefield stops working in Ukraine

20 July , 2022  

Trident Consulting, known as Cushman & Wakefield Ukraine – the country’s leading commercial real estate consulting company, will cease operations on July 31 this year, Nick Cotton, Managing Director of the company, said in Linkedin.
“It is with great regret that after 28 years of continuous operation in Ukraine, we have had to make this difficult decision. Following the Russian invasion of Ukraine on February 24 this year, the vast majority of current assignments were either canceled or suspended indefinitely. Unfortunately, despite our best efforts, Continued work is simply not possible,” he wrote to Linkedin.
13 former Trident Consulting professionals have taken on positions in Cushman & Wakefield’s wider international network, he said.
“Some of the remaining former employees in Ukraine are creating a new consulting company under a new name, and we wish them every success. Our thoughts and continued support are with everyone who remains in Ukraine,” he wrote.
Cotton himself has returned to London and works for Cushman & Wakefield.
Cushman & Wakefield (New York Stock Exchange: CWK) is a leading international commercial real estate advisory and agency firm.