X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LONDON-Atisreal has bought 123-year-old property-services rival Fuller Peiser for an undisclosed sum. Fuller Peiser partners Greg Cooke and Mark England will continue to head the company as chairman and chief executive, respectively, while managing partner Martin Coles becomes a board director.

The acquisition will mean that Atisreal, a subsidiary of BNP Paribas Real Estate, will have 880 staff located in 11 cities throughout the UK, and an estimated combined annual gross turnover for 2006 of euro 122.8 million. Fuller Peiser, which was established in 1883, employs 220 staff in six offices across the UK and specializes in the industrial and logistics markets.

“The UK is Europe’s most important commercial real estate market and is strategic for our business,” says Atisreal chairman Philippe Zivkovic. He added that the acquisition would make the UK Atisreal’s largest business geography, ahead of France and Germany where the firm already leads the market in terms of staff.

“This acquisition will increase the size of our UK operation and give us more firepower in the market,” says England. “Fuller Peiser’s expertise in the industrial and logistics sectors will also improve our offer both here in the UK as well as across Europe.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE 2020Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.