The commercial real estate service provider Cushman & Wakefield has appointed Josh Vernon as the firm’s new partner. Here, Mr Vernon will lead Cushman & Wakefield’s shopping centre and in-town retail capital markets business.
In his role Mr Vernon will be responsible for UK in-town retail investment activity – covering shopping centres and individual stores. He will also strengthen Cushman & Wakefield’s expertise on the repurposing of retail assets, as well as the advisory side for investor clients on the preservation, enhancement or alternative use of retail spaces; having worked for real estate advisory firm JLL for the past 12 years, latterly as the director of JLL’s shopping centre investment team.
In this new position, Mr Vernon will work closely with Marcus Wood, an out-of-town retail and leisure market specialist who was recently appointed to lead Cushman & Wakefield’s retail capital markets team.
Dominic Bouvet, head of UK retail and leisure at Cushman & Wakefield, said: “We are delighted to welcome Josh to our team, his depth of experience and reputation for market-leading advice is a real asset to our firm and further enhances our client offering.”
“His appointment is significant, not simply for his transactional experience but also to support our incredibly strong valuation and advisory business with insight into the capital markets.”
Jason Winfield, head of UK and Ireland capital markets at Cushman & Wakefield, said: “Retail capital markets is one of the most dynamic real estate sectors in the UK right now, with rising liquidity coinciding with considerable structural transformation.”
“Cushman & Wakefield has long been recognised as one the most credible retail advisors in our industry and Josh and the rest of the retail investment team have the experience and ingenuity necessary to help clients best navigate the future of retail.”
