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Cushman & Wakefield went public on Thursday. It operates in 70 countries.

One of the world’s largest real estate companies just went public, and its stock is popping

Cushman & Wakefield shares jumped by as much as 7% in the company's initial public offering (IPO) on Thursday. The company plans to use the bulk of proceeds of its IPO to pay down debt.

One of the world’s largest commercial-real-estate companies is going public

Cushman & Wakefield has filed to go public. It's betting on the continued growth of commercial real estate around the world and greater participation from institutional investors in the property market.