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C&W Revamps South American Operations, Looks to Expand

SAO PAULO, BRAZIL-The firm has appointed Celina Antunes as CEO of South American operations, marking the first woman to climb to C-Suite status at the firm. Based in Sao Paulo, Brazil, she will oversee all of C&W's expansion plans throughout the continent.

By Diana M. Rodriguez | Updated on December 13, 2002

SAO PAULO, BRAZIL-Reacting to an uncertain economic climate in South America, Cushman & Wakefield is revamping its strategy there and has appointed a new CEO of C&W Semco, Celina Antunes, to oversee an expansion initiative. The move will consolidate C&W operations on the continent into a unified group based in Sao Paulo.

“We’ve operated in Brazil for six years,” John B. Coppedge III, EVP of international operations for C&W tells GlobeSt.com. “We felt now was the time to expand, even though Brazil is going through a recession and has elected a new president that takes charge the first of the year, which raises more questions about the economy.”

Coppedge explains that this uncertainty is creating an incremental need for real estate services. “Our clients are looking at consolidation and retraction across South America and need help coming up with a real estate strategy. We’re helping them create and implement that strategy.”

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