Cushman & Wakefield and Matterport Enter Into Global Agreement Accelerating Virtual Commercial Property Marketing

Agreement Adds 3D Capture to Firm’s CRE Virtual Offering Across Its Footprint

BALTIMORE & SUNNYVALE, Calif.--(BUSINESS WIRE)--Matterport, the market leader for spatial data capture, today announced a global agreement with Cushman & Wakefield (NYSE: CWK), one of the world’s largest real estate services firms. With Matterport Capture Services, Cushman & Wakefield will be able to offer clients a turnkey solution to scan commercial properties in 3D across its footprint.

“This agreement perfectly showcases our technology strategy, which is simple but powerful—namely to work with strategic partners to deliver innovative tools that generate deep insights and create value for our clients,” said John Forrester, President of Cushman & Wakefield.

Through Matterport’s industry-leading 3D data platform and Matterport Capture Technicians skilled in operating Matterport Pro2 cameras, Cushman & Wakefield’s real estate professionals are able to showcase properties to prospective tenants and buyers in a virtual environment with dimensionally-accurate digital twins.

“Our clients are increasingly relying on us to provide data and insights to help drive decision making and solve complex business challenges,” said Adam Stanley, Chief Information Officer and Chief Digital Officer at Cushman & Wakefield. “This collaboration is a textbook example of how we’re moving the real estate process forward for property owners and users enabling our professionals to deliver exceptional service to our clients through a virtual solution that is imperative in the current environment.”

Matterport Capture Services is a fully managed solution for enterprises that require one-click access to scheduling an experienced and reliable Matterport professional to scan their properties. By adding a unique link to an immersive 3D digital twin to their website, in their listings, emails or social media channels, Cushman & Wakefield professionals exponentially open up the number of prospects who walk through any property. Clients from virtually anywhere in the world can tour it at any time as if they were actually there; understand the scope of the property in dollhouse view and enter it from any angle; and digitally measure rooms, floors, ceiling heights and furniture to assess if the space fits their needs.

“Cushman & Wakefield understands the power of our unique spatial data platform and the business opportunities unlocked with Matterport digital twins,” said RJ Pittman, CEO of Matterport. “With push-button access to thousands of Matterport Capture Technicians in 375 cities across North America and EMEA, Cushman & Wakefield can use Matterport to enhance their services by increasing efficiency and utilization across a global portfolio of properties.”

Experience a Matterport digital twin from Cushman & Wakefield here: https://my.matterport.com/show/?m=6cMmJFW11Sc

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

About Matterport

Matterport is the leading spatial data company digitizing and indexing the built world. Its unique 3D capture technology creates the spatial data layer on which the industry can interoperate, and the company’s all-in-one 3D data platform makes it fast and easy to turn any physical space into an accurate and immersive digital twin. The Matterport platform helps customers realize the full potential of a space at every stage of its lifecycle including planning, construction, appraisal, marketing and operations. Learn more at matterport.com and browse our gallery of digital twins.

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