Cushman & Wakefield(US:CWK)2025-12-04 14:00Financial Performance & Targets - Cushman & Wakefield aims for a 15-20% annual Adjusted EPS growth from 2026 to 2028[193, 202] - The company targets a 6-8% fee revenue growth between 2026 and 2028[193, 194] - Cushman & Wakefield projects a Free Cash Flow (FCF) conversion rate of 60-80%[193, 205] - The company is targeting a net debt leverage ratio of 2x by 2028[193, 200] Growth & Operational Strategies - Cushman & Wakefield achieved eight straight quarters of YoY leasing fee revenue growth[62, 63, 116] - The company is targeting a 200% cross-sell fee revenue growth by 2028[75, 76] - Cushman & Wakefield is aiming for a 96% Services client retention rate by 2028[77, 78] - The company anticipates a 5%-7% organic Services fee revenue growth in 2025[63] Data Center Market - The global data center capex spend is expected to reach approximately $6.7 trillion by 2030[153, 156] - Pre-leasing in the data center market is around 70%[153] Balance Sheet Improvement - Cushman & Wakefield has repaid $500 million in debt principal over the last 24 months[46, 47] - The company anticipates $50 million in annual cash interest expense savings from balance sheet actions[48, 49]