UGL acquires DTZ

by FM Media
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DTZ has been acquired by UGL, creating one of the world’s largest providers of property services.

UGL has successfully completed the acquisition of all the trading operations of global real estate services company, DTZ. The acquisition will transform UGL’s property services business into one of the world’s largest, integrated end-to-end providers of property servicees, operating across all key geographic regions.
The acquisition of DTZ broadens UGL’s property services offering and enhancees its geographic footprint across Asia, the UK, Europe, Middle East and the Americas. The combination of UGL Services and DTZ will have annual revenues of $1.9 billion, making UGL Services one of the largest participants in the global property services sector.

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