Caisse-backed Avision Young buys Germany's Völckers & Cie
Avison Young has acquired Völckers & Cie Immobilien GmbH Real Estate Advisors, a Hamburg, Germany-based office leasing and investment sales brokerage business. No financial terms were disclosed. Jochen Völckers and Marc Bachmann, who founded Völckers & Cie in 1996, will both join Avison as principals. Avison, a Toronto-based commercial real estate services provider, said the acquisition is its first in Germany and further expands its platform in the country. Last year, Avison secured a $250 million preferred investment from Caisse de dépôt et placement du Québec, facilitating the exit of Parallel49 Equity.
2 July 2019•7 mins read
