CWK News & Events

Cushman & Wakefield (CWK) has advised Ericsson (ERIC) in securing the site for a new 1 million-square-foot headquarters in Stockholm - the largest office transaction to date in Sweden. Ericsson will relocate its headquarters from Stockholm's Kista district to Hagastaden. Karl Persson, Head of Sweden at Cushman & Wakefield, said: "This is the largest office relocation in Europe in recent years and the most significant urban campus development in the Nordics ever. The transaction highlights the client outcomes that can be delivered through the expertise across our Nordic and EMEA platforms."

Reports Q1 revenue $2.54B, consensus $2.46B. "Our first quarter results reflect a strong start to 2026 as we continue to execute toward the long-term targets we introduced at our 2025 Investor Day in December. We reported the highest first quarter revenue in company history, with continued momentum across all of our service lines. We are driving operating leverage as we scale the platform and driving consistent value through capital structure improvements, leading to 67% Adjusted earnings per share growth in the quarter," said Michelle MacKay, CEO. "As clients increasingly turn to integrated, multi-service partners, we are capturing opportunities in the market through our ability to lead through market transformation. Our strategy is delivering results and we are focused on generating durable, long-term growth for our shareholders."