Colliers acquires controlling interest in Synergy Property Development Services

Colliers acquires controlling interest in Synergy Property Development Services

Published at: 2019-09-27 08:34 | Author: CIJEurope.com
Colliers International has agreed to acquire a controlling interest in Synergy Property Development Services and merge operations to create one of India’s top players in the commercial real estate market. The senior leadership of Synergy will remain significant shareholders of the combined business under Colliers’ unique partnership model. The combined operations in India now have more than 1,400 professionals operating from 16 offices, providing investment sales, lease brokerage, valuations, workplace consultancy and property and project management to domestic and international investors, occupiers and developers of real estate. The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2019. Terms of the transaction were not disclosed.

Similar Stories:

Tenants sign more than 830,000 sqm in warehouse leases in Q3
More than 830,000 sqm of modern warehouse space was leased in Poland between June and Sept  »
Warsaw’s office vacancy rate hits seven-year low
Some of the largest lease deals on the Warsaw office market were signed in the third quart  »
Commercial investment volume in CEE surpasses €8bn
Commercial property investment activity exceeded €8bn across Poland, the Czech Republic,  »
Futureal acquires Spectrum Building in Glasgow
Trinova Real Estate, on behalf of Futureal Group, has acquired the Spectrum Building in Gl  »
Is it a priority for you to strengthen your teams in all areas or do you think it’s bett   »
How was 2018 for you? Have you been able to take full advantage of these strong economic t   »
Why has it taken so long for development of the central western portion of Bucharest to be   »
Where do you see your company going over the next two years? We are staying true to the   »