Firms Launch JV for Euro RE Derivatives

Cushman & Wakefield Finance Ltd., a commercial real estate services firm with offices around the world, and BGC International, an inter-dealer brokerage firm, have announced a joint venture agreement to provide strategic and execution services in the European property derivatives market.The venture, Cushman & Wakefield BGC, is designed to "significantly increase liquidity" in the property derivatives market, which "is poised for exponential growth," the two firms said. The joint venture is also aimed at developing innovative, structured products tailored to the end user's requirements, they said. C&W can be found on the Web at http://www.cushmanwakefield.com.

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