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Cushman & Wakefield Announces Closing of its Initial Public Offering of Ordinary Shares

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Cushman & Wakefield plc ("Cushman & Wakefield") today announced the
closing of its initial public offering of 45,000,000 of its ordinary
shares, at a price to the public of $17.00 per share. In connection with
the initial public offering, the underwriters exercised in full their
option to purchase an additional 6,750,000 ordinary shares from Cushman
& Wakefield. As a result, the total initial public offering size was
51,750,000 shares. The shares are listed on the New York Stock Exchange
and trade under the symbol "CWK."

Cushman & Wakefield also announced the initial closing of a primary
private placement investment by Vanke Service (HongKong) Co., Limited in
an aggregate number of ordinary shares that will represent ownership of
4.9% of outstanding ordinary shares after giving effect to the initial
public offering and the full exercise of the underwriters' option to
purchase additional ordinary shares.

Cushman & Wakefield expects to use the net proceeds from the ordinary
shares offered by it to reduce outstanding indebtedness, in particular
to repay its second lien loan, to pay the outstanding amount of the
deferred payment obligation related to its acquisition of Cassidy Turley
and any remaining net proceeds for general corporate purposes.

Morgan Stanley, J.P. Morgan, Goldman Sachs & Co. LLC and UBS Investment
Bank served as joint book-running managers and representatives of the
underwriters for the offering. Barclays Capital Inc., BofA Merrill
Lynch, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC
and William Blair & Company, L.L.C. also served as joint book-running
managers for the offering. TPG Capital BD, LLC, HSBC Securities (USA)
Inc., Credit Agricole Securities (USA) Inc., JMP Securities LLC, China
Renaissance Securities (US) Inc., Fifth Third Securities, Inc., Academy
Securities, Inc., Loop Capital Markets LLC, Samuel A. Ramirez & Company,
Inc., Siebert Cisneros Shank & Co., L.L.C. and The Williams Capital
Group, L.P. served as co-managers for the offering.

The offering was made only by means of the written prospectus forming
part of the effective registration statement. Copies of the final
prospectus related to the offering may be obtained from Morgan Stanley &
Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor,
New York, NY 10014, J.P. Morgan Securities LLC, Attention: Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, email: prospectus-eq_fi@jpmchase.com,
Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West
Street, New York, NY 10282, telephone: (866) 471-2526 or email: prospectus-ny@ny.email.gs.com
and UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of
the Americas, New York, NY 10019, telephone: 888-827-7275 or email: olprospectusrequest@ubs.com.

A registration statement relating to these securities was declared
effective as of August 1, 2018 by the Securities and Exchange
Commission. This news release shall not constitute an offer to sell or
the solicitation of an offer to buy nor shall there be any sale of these
securities in any state or jurisdiction in which such offer, sale or
solicitation would be unlawful prior to registration or qualification
under the securities law in any such state or jurisdiction.

About Cushman & Wakefield

Cushman & Wakefield (NYSE:CWK) is a leading global real estate services
firm that delivers exceptional value by putting ideas into action for
real estate occupiers and owners. Cushman & Wakefield is among the
largest real estate services firms with 48,000 employees in
approximately 400 offices and 70 countries. In 2017, the firm had
revenue of $6.9 billion across core services of property, facilities and
project management, leasing, capital markets, valuation and other
services.

Cautionary Note Regarding Forward-Looking Statements

Any statements in this release that are not historical or current facts
are forward-looking statements. Forward-looking statements convey
Cushman & Wakefield's current expectations or forecasts of future
events. Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause Cushman & Wakefield's
actual results, performance or achievements to be materially different
from any future results, performances or achievements expressed or
implied by the forward-looking statements. Certain of these risks and
uncertainties are described in the "Risk Factors" and "Cautionary Note
Regarding Forward-Looking Statements" section of the Registration
Statement on Form S-1. Unless required by law, Cushman & Wakefield
undertakes no obligation to publicly update or revise any
forward-looking statements to reflect circumstances or events after the
date of this press release.

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