DTZ have confirmed a deal to acquire global Real Estate giants, Cushman & Wakefield, in a deal that will see both companies work under the Cushman banner. The company, owned by Italian billionaire Agnelli family, was put up for sale in February – it is expected that DTZ will pay around asking, £1.3bn, generating a capital gain for the family of £722m. The transaction is expected to close by the end of the year, and signals another huge development in Real Estate acquisitions.