高纬环球待价而沽 世界第三大地产服务集团待售

　　高纬环球要卖了！1917年成立的高纬环球，是世界第三大地产服务集团，在58个国家有业务，去年税前利润达到了1.05亿英镑。商业地产市场的复苏，以及在金融危机时期动荡之后管理层的逐步稳定，令其业务受益。

　　在此之前，高纬环球也曾经历一些波折。在2009年，高达8193万英镑的亏损以及部分业绩出色的地产经纪人纷纷离职，让其倍受打击。在2010年，首席执行官Glenn Rufrano的上任为公司带来了转机。Rufrano改善了公司的业绩，但与Exor在管理方面发生冲突，并于2013年离职。随后高盛的前高管Edward Forst接任了首席执行官。

　　但是，这样一家公司却在接近100岁的时候再次被挂上了“待售”牌子。有消息称，其竞争对手DTZ戴德梁行或高力国际有意将高纬环球纳入旗下；但该消息在2月25日被澄清，有消息人士称，高纬环球正委托高盛(Goldman Sachs)和摩根士丹利(Morgan Stanley)寻求私人买家。

　　高纬环球在2月25日早间向英国《地产周刊》证实了潜在的交易可能。该公司一位发言人认为:“作为正常的商业发展，高纬和Exor将不断寻求进一步壮大企业的机会，创造价值，并加快这一计划。”

　　该发言人指出：“目前尚无交易需要披露，也不保证此次委托将导致未来高纬环球任何交易可能性。”

　　有关高纬环球的上一次交易发生在8年前。意大利的阿涅利家族通过其投资机构Exor买下高纬67.5%的股份，并为此支付了3.64亿英镑。随后其将股份增持到81%，其余19%股份由公司的员工持有。

　　除了持有高纬环球81%的股份，阿涅利家族还拥有法拉利和菲亚特等大型集团的股份。

　　如果此次高纬环球出售成功，它将是近来房地产行业兼并和收购活跃期中最新的一笔交易。未来国际地产顾问公司可能持续迎来出售及合并高峰，行业洗牌及人事变动，或将加剧。

　　仅最近两年，国际地产顾产顾问公司就有不少变动。去年，私募巨头TPG以6.8亿英镑收购了DTZ戴德梁行并将其与 Cassidy Turley 公司合并。与此同时，加拿大FirstService集团本月初透露，正计划将其商业地产部门高力国际分拆，单独上市。

　　Cushmanappoints bankers to seek ?1.3bn sale

　　25 February 2015 | By DavidParsley

　　Cushman & Wakefield has put itself upfor sale for ?1.3bn.

　　The global real estate group has appointedGoldman Sachs and Morgan Stanley to look for a private sector buyer, ruling outrecent speculation it could merge with another group such as DTZ or ColliersInternational to form another industry giant alongside CBRE and JLL.

　　Cushman confirmed the potential saleto Property Week early this morning.

　　A spokeswoman for the company said: “As isthe normal course of business, both Cushman & Wakefield and EXORcontinually seek ways to further enhance the businesses, ｃreate value andfurther accelerate their plans.

　　“There is currently no transaction todisclose, nor guarantee that such a review may result in any transactioninvolving Cushman & Wakefield.”

　　Italy’s Agnelli family, which also ownslarge stakes in groups such as Ferrari and Fiat, currently owns 81% of Cushmanthrough its investment vehicle Exor.

　　The family paid ?364.75m for it initial67.5% stake in Cushman eight years ago and has since boosted that to81%. The firm’s employees hold the 19% of Cushman not owned by theAgnellis.

　　Cushman, the world’s third-largestproperty services group, recorded pre-tax profit of ?105.15m last year,

　　A sale would be the latest in an activeperiod for mergers and acquisitions in the property sector. Last year, aventure led by private-equities giant TPG paid ?680m for DTZ and merged it withCassidy Turley.

　　Meanwhile, Canadian group FirstServiceCorporation revealed plans to spin off its commercial-real-estate unit,Colliers International, as a separate publicly traded company earlier thismonth.

　　Cushman, which will celebrate its 100thbirthday in 2017, has benefited from the commercial property market’s recoveryand more stable management in the past year following a period of losses andmanagement upheaval during the recession.

　　In 2009 Cushman posted a ?81.93m loss andwas hit by the departure of a number of top-performing brokers. In 2010,it brought in a turnaround expert Glenn Rufrano as chief ｅxecutive.

　　Rufrano improved the firm’s performancebut clashed with Exor’s management and left in 2013. Former Goldman Sachs ｅxecutive Edward Forst took over aschief ｅxecutive.

　　来源：英国《PropertyWeekly》杂志