Broll reins in 65m Square feet of commercial space

Posted On Tuesday, 20 November 2012 07:56 Published by Commercial Property News
Rate this item
(0 votes)

Broll Property Group, based in the affluent Johannesburg suburb of Sandton and an affiliate of Los Angeles, CA-based CBRE, today has one of the largest commercial real estate management portfolios on the continent of Africa - 65 million square feet (six million square meters) in 15 countries.

Among them are Ghana, Nigeria, Malawi, Namibia, and South Africa. The company has a staff of 200 professionals.
Already one of Africa's leading multi-disciplinary property services group, Broll announced in a  news release  it has acquired a division of WSP Group Africa`s facilities management unit. The business will operate as Broll Facilities Management Financial.
Terms of the deal were not disclosed.
Broll CEO Malcolm Horne stated in his company's announcement, "The acquisition of WSP Facilities Management is a complementary fit to our current service offerings, culture of service excellence and is a key milestone in the group's vision to be recognized as the service provider of choice in all markets that we operate."
He said, "The synergy for us was not only relating to the culture of the staff but also the absolute professionalism and skill level that is abundantly obvious in the team as well as the ISO rated systems and procedures."
Horne adds, "Multinational companies operating on the continent often never see the difference in how we manage facilities and what they are used to at home. We believe in offering the clients the edge to succeed by simply keeping their house in order."
The new business will be headed by Rowland Gurnell, former chief operating officer of WSP Facilities Management. He said the merger "will help strengthen Broll's position as a leading facility management company, offering a much wider repertoire of services from a single source."

Last modified on Monday, 03 June 2013 15:12

Most Popular

Mall of Africa Celebrates Launch of New Generation Pick n Pay Store

Sep 23, 2019
Today Mall of Africa welcomed one of South Africa's biggest grocery retailers to the…

Exemplar REITail Acquires Katale Square Shopping Centre

Sep 23, 2019
Real estate investment trust, Exemplar REITail, has acquired Katale Square shopping…

Grit Real Estate financial results for the year-ended 30 June 2019

Sep 30, 2019
London Stock Exchange listed Grit, the only listed Africa-focused income distribution…

4AX listed Heartwood Properties reveals positive financial results

Sep 23, 2019
Commercial property development company, Heartwood Properties , has revealed a 30%…

Reserve Bank keeps repo rate unchanged

Sep 23, 2019
 South African Reserve Bank Governor Lesetja Kganyago on Thursday said this is in line…

Please publish modules in offcanvas position.