CB Richard Ellis Group said on Friday that it has acquired Eurisko Consulting, the largest independent commercial real estate services company in Romania. The purchase price of about EUR 24 mln is subject to a post closing audit.
CB Richard Ellis Group said on Friday that it has acquired Eurisko Consulting, the largest independent commercial real estate services company in Romania. The purchase price of about EUR 24 mln is subject to a post closing audit.
CBRE said the acquisition gives it a 'leading position' in one of the fastest growing economies in Central and Eastern Europe. Founded in 1997, Eurisko employs 120 professionals and is based in Bucharest with offices in key cities across the country.
Mike Strong, president of CB Richard Ellis, EMEA, said: 'Romania has become a country of strategic interest to our clients as they continue to look East. This latest acquisition enables us to respond to these needs and strengthens our platform in the important CEE region.'