Commercial real estate services and investment firm CBRE has acquired German retail consultancy Prime Consulting for an undisclosed amount.
DΓΌsseldorf-based Prime Consulting specialises in leasing, advisory and property management services for shopping centres and retail parks across Germany.
Alexander von ErdΓ©ly, CEO of CBRE Germany, said the acquisition of Prime Consulting will further βsupport our ambition to be the clear market leader in Germanyβ for shopping centre and retail parks leasing, consultancy and property management.
Marco Hekman, CBREβs divisional president of advisory services for Continental Europe, said: βCBRE is the market-leading retail adviser across Europe, managing more than 290 centres in the region. We are delighted to welcome our new colleagues from Prime Consulting, who enhance our service offering in Germany.β
Alastair Green, owner and CEO of Prime Consulting, said: βCBRE is the global leader in commercial real estate, and we are genuinely excited about the opportunity to join their team.
βWe look forward to working collaboratively with our CBRE colleagues to serve clients and grow our business. Our combined expertise will allow us to offer our services to a wider range of clients.β
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