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Sainsbury’s appoints Cushman & Wakefield to manage estate

Sainsbury’s has appointed Cushman & Wakefield to manage its current and future property requirements throughout the UK.

Beginning in November, the contract comes after a review by the supermarket giant following its acquisition of Argos parent company the Home Retail Group back in 2016.

The portfolio of stores and operational properties is in excess of 2,000 throughout the UK.

Cushman & Wakefield’s Global Occupier Services (GOS) will manage the business, with direction from Peter Hulme, head of occupier management service line in EMEA.

Cushman & Wakefield’s GOS team works with over 200 clients in 43 countries and 100 offices across EMEA.

“This award is evidence that clients see significant value in the strength of Cushman & Wakefield’s market-leading business in the UK,” commented James Maddock, head of GOS EMEA, Cushman & Wakefield.