Cushman & Wakefield has reported a net loss of $14.6m for the first six months of 2019.
However, the company – which floated on the New York Stock Exchange in August last year – posted a profit of $6.3m in the second quarter, compared with a loss of $33.5m during the previous comparable period.
The net loss in H1 2019 is also substantially lower than H1 2018, when the firm posted a loss of $126.4m. The improvement was driven by stronger operating results, lower integration costs and lower interest expense.
The agent also reported an 8%