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Cushman & Wakefield confirms exit from Russia
Cushman & Wakefield is to exit from all service delivery in Russia after reaching an agreement to transfer its business in the country to a local operator.
JLL ‘to separate its domestic operations in Russia’ following industry pressure
JLL has bowed to industry pressure and said it will “separate its domestic operations in Russia” after five of its rival agencies all confirmed this week that they were cutting ties with their Russian partners.
Pressure mounting on JLL to cut ties with Russian partners
Pressure is mounting on JLL to cut its ties with its Russian partners after Avison Young, CBRE, Colliers Savills, and Knight Frank all confirmed that they were suspending their Russian operations.
More agents cut ties with Russian partners
Five of the world’s biggest property consultancies have severed ties with their Russian partners as the situation in Ukraine continues to deteriorate.
Fears mount over the escalating situation in Ukraine
Fears were mounting this week over the escalating political situation in Ukraine as the UK government imposed a raft of sanctions against Russia that could have major ramifications for the UK property industry.
