CBRE Group Inc. (NYSE: CBG) is buying Preuss Gesellschaft mbH and its subsidiaries for an undisclosed amount.

Preuss provides project management services in Germany for real estate development and property refurbishment. The company's 100 employees operate out of offices in Munich, Berlin, Frankfurt and Dusseldorf.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.