CBRE Acquires Prime Consulting to Enhance Retail Advisory Capabilities in Germany

3 August 2023

CBRE today announced the acquisition of Prime Consulting, a leading retail consultancy in Germany.

Prime Consulting, based in Düsseldorf, specializes in leasing, advisory and property management services for shopping centres and retail parks across Germany. Its CEO, Alastair Green, has a strong reputation in the retail real estate market.

Marco Hekman, CBRE’s Divisional President, Advisory Services, Continental Europe, commented: “CBRE is the market leading Retail advisor across Europe, managing more than 290 centres in the region. We are delighted to welcome our new colleagues from Prime Consulting, who enhance our service offering in Germany.”

Alexander von Erdély, CEO, CBRE Germany, continues: “The acquisition of Prime Consulting is an excellent addition to our German retail advisory services. The acquisition will further support our ambition to be the clear market leader in Germany for shopping centre and retail parks leasing, consultancy and property management. We look forward to welcoming and introducing our new colleagues to our clients and partners.”

Alastair Green, owner and CEO of Prime Consulting, commented: “CBRE is the global leader in commercial real estate, and we are genuinely excited about the opportunity to join their team. We look forward to working collaboratively with our CBRE colleagues to serve clients and grow our business. Our combined expertise will allow us to offer our services to a wider range of clients.”

Source: CBRE
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