By Peter Grant | Wall Street Journal
Analysts have good news and bad news for real estate services giant Cushman & Wakefield Inc. in the wake of the news earlier this week that its parent company, Italian investment giant Exor SpAEXO.MI -0.10%, was putting it up for sale.
The good news is that the timing is great for selling global businesses that make money from brokerage, property management and other real estate services.
Their values are near record highs thanks to the recovering economy in the U.S. and Europe and the growing appeal of commercial real estate to yield-chasing investors.