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DTZ and Cushman & Wakefield closed their merger early Wednesday, creating one of the world’s largest commercial real estate services firms with a combined total of $5 billion in revenue and 43,000 employees. With the transaction, Exor SpA, the Agnelli family's Italian holding company, sold its majority stake in Cushman & Wakefield acquired in March...
CBRE Group, Inc. completed its acquisition of the facilities management business of Johnson Controls (NYSE: JCI) for about $1.48 billion, the companies announced today. JCI's Global Workplace Solutions...
Ashford Hospitality Prime Inc. has decided to explore a full range of strategic alternatives, including a possible sale of the company. Dallas-based Ashford Hospitality Prime has focused on investing...
Valeant Pharmaceuticals is doubling the size of its Bridgewater, NJ office space, leasing another 310,000 square feet at SJP Properties' Somerset Corporate Center in Bridgewater, NJ, to bring its total...
It's time to update those contact managers with CoStar's People of Note , reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Atlanta, Los...
Hong Kong-based Gemini Investments (Holdings) Ltd. acquired Santa Fe, NM-based Rosemont Realty and formed a joint venture with Rosemont's staff to acquire and manage office properties in major U.S. markets...


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