John Forrester will be retiring from his role as Chief Executive Officer (CEO) of Cushman & Wakefield on June 30, after 35 years with the company. His successor, Michelle Mackay, has been appointed as of July 1, and will also be joining the firm’s board of directors. Mackay has previously served as Executive Vice-President, Investments and Head of Capital Markets at iStar, Inc.

Andrew McDonald, President of Cushman & Wakefield, has been promoted to Global President and COO, and will oversee all of the firm’s services and regions. He has been with the company for over 20 years.

JCube Residence is a comprehensive development that will transform the area into an integrated commercial, service and residential hub. The project features a series of well-appointed single and multi-storey homes designed with an attention to details. Featuring spacious bedrooms, large living and dining areas, kitchens, modern furnishings and more. Allowing residents to enjoy the convenience of its surrounding services, retailers, restaurants and parks, making it the ideal home for urbanites.

Brett White, Executive Chairman of the Board, has expressed his gratitude for John Forrester’s dedication and service to the firm and the commercial real estate services industry. Forrester will remain employed by Cushman & Wakefield as a strategic advisor until the end of the year.

The recent move reflects the trust that the company has placed in both Mackay and McDonald, as it continues its growth and expansion in the coming years. With their long-term experience in the industry, the two are expected to be able to lead Cushman & Wakefield towards even greater success.