Add-on Acquisition • Real Estate

CBRE Acquires Paragon Project Management Pty.

On July 31, 2014, CBRE acquired real estate company Paragon Project Management Pty.

Acquisition Context
  • This is CBRE’s 11th transaction in the Real Estate sector.
  • This is CBRE’s 1st transaction in Australia.

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M&A Deal Summary

Date July 31, 2014
Target Paragon Project Management Pty.
Sector Real Estate
Buyer(s) CBRE
Deal Type Add-on Acquisition

Target Company

Paragon Project Management Pty.

Sydney, Australia
Paragon Project Management Pty. Ltd. is a specialized project management company. Paragon provides a range of consultancy services to the building and construction industry.
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Buyer Overview 1

Buyer

CBRE

Dallas, Texas, United States

Category Company
Founded 1906
Sector Real Estate
Employees140,000
Revenue 35.8B USD (2024)
DESCRIPTION
CBRE Group's corporate headquarters in downtown Los Angeles, California.
CBRE Group's corporate headquarters in downtown Los Angeles, California.

CBRE is a commercial real estate services and investment firm. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CBRE was incorporated in 1906 and is based in Dallas, Texas.


Deal Context for Buyer #
Overall 17 of 48
Sector: Real Estate 11 of 19
Type: Add-on Acquisition 15 of 42
Country: Australia 1 of 2
Year: 2014 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-03 VALTEQ makon

Stuttgart, Germany

VALTEQ makon GmbH is a technical and economic consulting firm serving firms in the financial, real estate, design and construction industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-04 PREUSS GMBH

Munich, Germany

PREUSS GMBH is a provider of project management services for construction and property industry. In addition to this core competence, we offer consulting services to support the entire life cycle of the property.

Buy -