In a movement that reforms the global real estate landscape, Compass announced on Monday that it will acquire a rival company everywhere, which consolidates some of the greatest branches in the industry.
The all-stock transaction is roughly appreciated US $ 1.6 billion.
The combined company will be worth around US $ 10 billion and will bring around 340,000 real estate professionals together in around 120 countries and areas, said An official statement.
De deal markeert een game-veranderende fusie in de residentiële vastgoedsector, die Compass combineert-de grootste residentiële makelaars in de Verenigde Staten door verkoopvolume-met overal’s portfolio van prominente merken, waaronder Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, Era en Sotheby’s International Reality.
“Today, a monumental step in the direction of our mission to enable real estate professionals to enable everything they need to grow their business and to serve their customers better,” said Compass CEO and founder Robert Reffkin. “I have deep respect for leadership, agents, employees, culture and brands everywhere. By bringing two of the best companies in our industry together, while maintaining the unique independence of the leading brands of everywhere, we now have the means to build a place where real estate professionals can thrive for decades.”
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