Colliers International acquires controlling interest in IREA Corporate Finance
Colliers International Group announced that it has acquired a controlling interest in leading financial and strategic advisory firm, IREA Corporate Finance S.L. and merged its existing operations to create one of Spain's top players in the real estate and hotel markets. The senior leaders of both operations will remain significant shareholders of the combined business under Colliers International's unique partnership model. Colliers International Spain has more than 100 professionals operating in Madrid and Barcelona providing financial and strategic advisory services as well as investment sales, lease brokerage, valuations, workplace consultancy and property and project management to domestic and international investment funds, financial institutions and other owners and occupiers of real estate. Terms of the transaction were not disclosed.