Cushman & Wakefield has expanded into Malaysia with opening of a new in Kuala Lumpur, the company’s 35th office in Asia Pacific.
Sanjay Verma, chief executive for Asia Pacific, says: “This move is in line with our five year strategic plan, which contains an aggressive expansion plan for our business in Asia Pacific. This new office in Kuala Lumpur will help us further increase the depth and breadth of our service offerings to our global clients.”
Arsh Chaudhry, executive managing director for Cushman & Wakefield in South East Asia says: “Malaysia is a key market for both our investor and occupier clients. 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.”