Market Overview

CBRE Group Acquires SOGESMAINT-CBRE

CBRE Group, Inc. (NYSE: CBG), the global commercial real estate services
and investment firm, today announced that it has acquired full ownership
of SOGESMAINT-CBRE, a property and asset management specialist operating
in Belgium. CBRE has held a minority interest in the company since 2006.

SOGESMAINT-CBRE was established in 1973 and today it is one of the
leading property and asset management businesses in Belgium. The company
manages over 1.4 million square meters across 90 properties throughout
the country and also provides project management and leasing services.

The company's professional team will become part of CBRE's leading EMEA
Property and Asset Management practice, which manages over 35 million
square meters of assets across the region

See full press release

Posted-In: News Guidance Management M&A Global

 

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