Introduction to the event

On the afternoon of November 18, 2022, Associate Professor Jack Woo led students majoring in international Business (International Finance) of Grade 2020 from Business School of Shenzhen University of Technology to Cushman & Wakefield Real Estate Consultants (Shenzhen) Co., Ltd. for a corporate visit. During this period, the enterprise managers enthusiastically explained the industry knowledge, the students listened carefully and actively, raised questions, and the teachers also patiently answered the students' questions, discussed insights and shared views with the students. The activity ended successfully in the lively discussion.

Company Introduction

Cushman & Wakefield (NYSE: CWK) is one of the leading global real estate services firms, with approximately 50,000 employees in over 400 offices and 60 countries. In Greater China, it operates a network of 23 offices. In 2021, the group had revenue of $9.4 billion across core services including valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others.

Contents introduction

First of all, Mr. Binghe Jiang, Executive Deputy General Manager of Cushman & Wakefield South China, delivered a speech and sincerely expressed his warm welcome to the students, and looked forward to the fact that this visit would bring to the students and let them have a deeper understanding of the operation of the enterprise. Afterwards, Ms. Huiping Du, Head of Human Resources Department and Director, introduced the business types of the company to the students. Ms. Han Zheng, Senior Manager of Valuation & Advisory Services, and Mr. Jacob Chen, Head of Capital Markets Department and Director, introduced public REITs and China's commercial real estate block trading market to the students. Finally, Ms. Feifei Li, Senior Manager of Human Resources Department, shared Cushman & Wakefield's internship program with the students. In the free Q&A session, students actively asked questions based on what they had learned and experienced in combination with the content of the lecture, and the teachers responded enthusiastically, and the atmosphere was lively and warm.

Testimonials from classmates

Shuting Ye: I am very happy to visit Cushman & Wakefield, it is a valuable learning opportunity for me. Mr. Jacob gave a lot of examples to better understand what we are talking about Chinese mainland in the first half of 2022 and connecting it to what we have learned in class. The visit was very rewarding!

Shan Huang: This Friday, under the arrangement of the teacher, we listened to Cushman & Wakefield's lecture. In this lecture, I gained a deeper understanding of public REITs and the importance of investment portfolios. I benefited a lot from the lecture by deepening my understanding of commodity markets and capital market services, and I would like to thank all the teachers for their teachings.

Mingzhang Tang: During this corporate visit, the three teachers introduced Cushman & Wakefield's business scope, public REITs and block transactions. The part about Shenzhen's industrial upstairs impressed me deeply, how Shenzhen should develop the real economy in the case of land shortage and insufficient land use. Shenzhen gave full play to its creativity and proposed the initiative of industrial upstairs to help manufacturing enterprises solve problems. This also prompted me to think about the future development of the entire Shenzhen manufacturing industry, and even the future direction of China's manufacturing.

Figure 1: Mr. Binghe Jiang, Executive Deputy General Manager of Cushman & Wakefield South China, delivered a speech

Figure 2: Cushman & Wakefield business managers pose for a group photo with business school faculty and students

Photo/Text: Wenxin Yao

Proof: Jack Woo