BNP Paribas: acquisition of Strutt & Parker.
(CercleFinance.com) - After trading on Monday BNP Paribas Real Estate announced the acquisition of Strutt & Parker, one of the key players in the British real estate market that is still independent, thus creating a major British real estate player.
This acquisition is set to be closed in September. The transaction will be made via the merger between the British subsidiary of BNP Paribas Real Estate and Strutt & Parker.
Strutt & Parker is a leading player in the real estate market in Britain. With 60 offices nationwide, this group offers its corporate and individual clients a wide range of real estate services and covers all asset classes (rural, residential, retail, logistics and offices).
Finally, note that the residential transaction and advisory teams for owners of large domains and Strutt & Parker development teams will continue to operate under the Strutt & Parker brand, while commercial real estate consulting activities will be operated under the BNP Paribas Real Estate brand name.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
This acquisition is set to be closed in September. The transaction will be made via the merger between the British subsidiary of BNP Paribas Real Estate and Strutt & Parker.
Strutt & Parker is a leading player in the real estate market in Britain. With 60 offices nationwide, this group offers its corporate and individual clients a wide range of real estate services and covers all asset classes (rural, residential, retail, logistics and offices).
Finally, note that the residential transaction and advisory teams for owners of large domains and Strutt & Parker development teams will continue to operate under the Strutt & Parker brand, while commercial real estate consulting activities will be operated under the BNP Paribas Real Estate brand name.
Copyright (c) 2017 CercleFinance.com. All rights reserved.