CBRE acquires retail consulting firm in Germany

CBRE acquires retail consulting firm in Germany

CBRE has acquired Düsseldorf-based Prime Consulting, specializes in leasing, advisory and property management services for shopping centres and retail parks across Germany.

Its CEO, Alastair Green, has a strong reputation in the retail real estate market.

”CBRE is the market leading Retail advisor 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,” said Marco Hekman, Divisional President, Advisory Services, Continental Europe.

”The acquisition of Prime Consulting is an excellent addition to our German retail advisory services. The acquisition will further support our ambition to be the clear market leader in Germany for shopping centre and retail parks leasing, consultancy and property management. We look forward to welcoming and introducing our new colleagues to our clients and partners.” said Prof. Dr. Alexander v. Erdély, CEO Germany.

”CBRE is the global leader in commercial real estate, and we are genuinely excited about the opportunity to join their team. We 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,” said Alastair Green, CEO of Prime Consulting.

Click here to receive CRE Herald’s weekly newsletter, news alerts and insights!