Cushman & Wakefield has announced its acquisition of DZAP, a leading Design & Build practice in the Netherlands.
The acquisition enhances the global real estate services firm Design & Build capabilities in EMEA following its acquisition of ADMOS in Belgium and Luxembourg last year.
Established in 1995, DZAP’s 50 employees work on the design and delivery of office interiors for occupiers and office building revitalisations for landlords, as well as having a hospitality industry specialism. Working for clients from start-ups to global corporates, the team’s work is characterised by made-to-measure and fit-for-purpose solutions. Its projects, across all sectors, range from 200 sqm to 20,000 sqm and include designing Cushman & Wakefield’s Netherlands headquarters in UNStudio in Amsterdam.
Jeroen Lokerse, Head of the Netherlands at Cushman & Wakefield, said: “We have first-hand experience as a client of the exemplary service provided by the DZAP team. Above all, the culture and ambition of our two firms are fully aligned. This significant acquisition represents an immediate expansion of our full-services approach to clients in the Netherlands. We already advise clients on how best to optimise their workplaces for business performance and now have an in-house Design & Build solution to turn it into a reality.”
DZAP will be integrated into Cushman & Wakefield’s EMEA Project & Development Services (PDS) skill line which also provides project management, building consultancy, interior design, building engineering and cost consultancy. The regional PDS team, which delivered €2.5 billion of projects covering 2.5m sq m in 2017, now includes 475 people.
Edward Vis will become Head of PDS in the Netherlands, which, combined with existing in-country staff and its established and well-regarded project management team, will be a 65-strong team providing clients with a ‘turnkey’ – or single provider – option alongside existing services depending on their individual requirements.
Cushman & Wakefield’s current team lead John Konijn will be a key member of the Netherlands PDS management team and continues leading his existing team.