CBRE takes over Eurisko for €23.9 mln

Eurisko representatives said the price can be adjusted based on an audit to be carried out following the signing of the deal.

CBRE officials said the acquisition allows the company to strengthen its position in Central and Eastern Europe. “Romania became a strategic country for our clients who continue investing in Eastern Europe. This acquisition allows us to meet these needs,” according to CBRE President for Europe, Middle East and Africa, Mike Strong.

Representatives of CBRE’s main competitors, Cushman&Wakefield Activ Consulting and Colliers International, said that CBRE is no challenge for them, in the short-run, and they are waiting to see how the new company settles on the market.