Jones Lang LaSalle announced yesterday that it has reached an agreement to acquire the real estate services firm Staubach for $613 million.
In a separate deal, the real estate firm GVA Williams is in talks to be acquired by Colliers International. Long rumored in the Manhattan real estate industry, a person directly involved in the deal told rewonline.com on Friday that the merger would be done within the next month.
The Staubach deal and the potential buyout between Colliers and GVA Williams serve as examples of the way competing real estate services companies have merged to create larger companies better able to provide the global reach and multiplicity of services ...