Broker Cushman & Wakefield has acquired Dzap, a Dutch design & build practice headquartered in Naarden.
The acquisition follows the takeover of workplace designer Adoms in Belgium and Luxembourg last year, strengthening Cushman's EMEA project & development services (PDS) capabilities.
Established in 1995, Dzap’s 50-strong team covers the design and delivery of office interiors for occupiers and office building revitalisations for landlords, as well as having a hospitality industry specialism. The firm designed Cushman & Wakefield’s Netherlands headquarters in UNStudio in Amsterdam.
'We have first-hand experience as a client of the exemplary service provided by the Dzap team,' said Jeroen Lokerse, head of the Netherlands at Cushman & Wakefield.
'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.'
With the integration of Dzap, Cushman' regional PDS team, which delivered €2.5 bn of projects covering 2.5m m2 in 2017, now includes 475 people.
Dzap's Edward Vis, who will become head of PDS in the Netherlands, commented: 'We are delighted to join forces with Cushman & Wakefield, which is dominant in the Dutch occupier market and which understands the importance of the working environment to business performance.'
Cushman & Wakefield was ranked top advisor in the Netherlands for the office, retail and industrial occupier markets by PropertyNL based on transactions in the first half of 2018.
