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Cushman & Wakefield board meet in Bombay on Sept 17

Shiv Kumar in Bombay

In recognition of the growing importance of the Indian market, a multinational real estate consulting company is for the first time holding its annual board meeting in this country.

A Cushman & Wakefield Asia Pacific board meeting is scheduled in Bombay for September 17, said Michael W J Thompson, the company's managing director in India.

"Cushman & Wakefield's Indian operations have attained pre-eminence through a high quality of professional standards and is firmly positioned to grow even more rapidly within the South Asian region, while gaining global recognition," Thompson said.

"It is thus natural that the board members have decided to meet in Bombay, recognising the operation's success," he said, adding that during their visit the board would also meet the company's clients in India.

Cushman & Wakefield, a Rockefeller group company, is the largest fully integrated real estate services firm in the world. Founded in 1917, it has 147 offices in 49 countries and employs about 11,000 people.

The company commenced its India operations in 1997 and has today grown to over 60 employees in four offices based in New Delhi, Bombay, Bangalore and Madras. It was the first international real estate service provider to have been granted permission by the federal government to operate a wholly owned subsidiary in India.

Indo-Asian News Service

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