CB Richard Ellis announced on Friday the acquisition of Paul Gee & Co, a privately-owned commercial property services company based in Aberdeen, Scotland. The global property consultant said the acquisition will allow it to expand its leadership position in Scotland by combining Paul Gee & Co with CB Richard Ellis' existing operations in Edinburgh and Glasgow.
CB Richard Ellis announced on Friday the acquisition of Paul Gee & Co, a privately-owned commercial property services company based in Aberdeen, Scotland. The global property consultant said the acquisition will allow it to expand its leadership position in Scotland by combining Paul Gee & Co with CB Richard Ellis' existing operations in Edinburgh and Glasgow.
Paul Gee established Paul Gee & Co 27 years ago, and since that time the firm has developed a strong market position in investment and property consultancy in Aberdeen and throughout Scotland and has an impressive client portfolio. Aberdeen is Scotland's fastest-growing and third-largest business centre, and houses a significant number of multi-national energy corporations, with which Paul Gee & Co has strong relationships.
Martin Samworth, UK Managing Director, CB Richard Ellis, said: 'This acquisition enhances our capabilities in Scotland and reinforces our brand positioning as the premier firm for client service and market insight across the entire UK region. We are now a leading player in Scotland capable of delivering high quality expertise and advice wherever our clients’ business interests may be.'
