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Cushman & Wakefield Posts $100 Million Loss as Pandemic Idles Real Estate Deals

Company Cuts $75 Million in Salaries, Other Expenses in Second Quarter

Cushman & Wakefield represented the owner in the $210 million sale of its headquarters building in Chicago in May. (CoStar)
Cushman & Wakefield represented the owner in the $210 million sale of its headquarters building in Chicago in May. (CoStar)

Cushman & Wakefield reported a $100.8 million net loss and lower revenue in the second quarter as executives project that disruption from the pandemic will depress real estate deals through at least the end of the year.

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