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CBRE Group (CBRE) Acquires 35% Interest in Industrious
February 22, 2021 8:06 AM ESTCBRE Group, Inc. (NYSE: CBRE) today announced the acquisition of a 35 percent interest in Industrious, a leading provider of premium flexible workplace solutions in the U.S. CBRE is now Industrious largest shareholder. In addition, CBRE is expected to acquire an additional 5 percent of Industrious in the coming weeks, which would result in a 40 percent total stake.
The investment significantly increases CBREs participation in the flexible workplace sector and positions the company to meet rising demand from occupiers for agile space solutions a trend that is being accelerated by the Covid-19... More
CBRE Group (CBRE) Acquires 35% Stake in Flexible Workspace Firm Industrious - Bloomberg, Citing Interview
February 22, 2021 7:37 AM ESTCBRE Group (NYSE: CBRE) Acquires 35% Stake in Flexible Workspace Firm Industrious - Bloomberg, Citing Interview
Paid about $200 million in cash for primary and secondary shares and transferring it own flexible workspace brand Hana... More
