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M&A Deal Summary

Jones Lang LaSalle Acquires ACREST Property Group

On January 7, 2016, Jones Lang LaSalle acquired real estate company ACREST Property Group

Acquisition Highlights
  • This is Jones Lang LaSalle’s 4th transaction in the Real Estate sector.
  • This is Jones Lang LaSalle’s 1st transaction in Germany.

M&A Deal Summary
Date 2016-01-07
Target ACREST Property Group
Sector Real Estate
Buyer(s) Jones Lang LaSalle
Deal Type Add-on Acquisition

Target

ACREST Property Group

Berlin, Germany
ACREST is a German retail real estate asset management business.

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Buyer(S) 1

Buyer

Jones Lang LaSalle

Chicago, Illinois, United States
Category Company
Founded 1997
Sector Real Estate
Employees112,100
Revenue 23.4B USD (2024)
DESCRIPTION

Jones Lang LaSalle is a provider of property and corporate facility management services, with a portfolio of over 1.1 billion square feet worldwide. Jones Lang LaSalle was founded in 1997 and is based in Chicago, Illinois.

DEAL STATS #
Overall 8 of 32
Sector: Real Estate M&A 4 of 13
Type: Add-on Acquisition M&A Deals 7 of 31
Country: Germany M&A 1 of 2
Year: 2016 M&A 1 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-24 Avenue9

London, United Kingdom

Avenue9 is a start-up business company provides tailored IT consulting services for the hotels and hospitality sector.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-11 Cobertura SA

1250 - 192, Portugal

Cobertura SA is a Portuguese real estate agency specializing in the country's prime residential sector.

Buy -
Mergr

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