Market Overview

Sold! : Prudential Real Estate and Relocation Services

1/20/12 – Columbus, IN

Brookfield Asset Management, Real Living Real Estate's parent company, has announced the purchase of Prudential Real Estate and Relocation. The acquisition of the Prudential network establishes Brookfield as the world's second largest employee relocation provider, managing close to 85,000 relocations per year, in and out of over 125 countries around the world.

The purchase also places Brookfield as the third largest real estate franchising business in North America. 'We are excited for this acquisition,' said Wade Myers, CEO and Broker of the local Real Living franchise, Team Advantage. 'Brookfield has over 80,000 real estate professionals worldwide, and we are pleased to welcome the Prudential agents into the Real Living Family. This acquisition will allow Real Living Real Estate to really be a powerhouse player in Columbus so we can provide our leading-edge tools and technologies to our agents and clients.'

Brookfield's global footprint spans more than 2,800 locations, including North America, The United Kingdom, France, China, Singapore, India, Brazil, and Australia. The company is deeply immersed in the real estate brokerage and relocation sectors, and is in business for the long-term, continually looking for domestic and international growth. Myers is looking forward to benefits this news can bring.

— WebWireID151819 —


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