Eurisko purchased by CB Richard Ellis for 35m dollars

American real estate consulting company CB Richard Ellis, one of the leading global players in its field, has purchased local company Eurisko Consulting in a transaction worth 35 million dollars (24 million euros). The move confirms information published in ZF in August last year that revealed Eurisko was on the list of acquisitions of CB Richard Ellis, which, at the time, had just withdrawn the operating licence for the company that was operating under its name on the local market. “Romania has become a country of strategic interest to our clients. The acquisition will allow us to provide for the needs of these clients and strengthen our position in Central and Eastern Europe, a region of great importance,” said Michael Strong, chairman of CB Ellis for Europe, the Middle East and Africa. Eurisko currently has over 120 employees and is ranked second on the local real estate consulting market in terms of turnover, behind the subsidiary of another global giant – Colliers International.