DTZ sold to UGL

DTZ’s epic journey to new ownership could be over, with news that the company had been sold to the Australian UGL Group. The company was placed into administration before the deal went through while operations continued normally. UGL was looking for a platform to widen its Asian coverage.

Richard Leupen, UGL’s managing director and chief executive, said: “Combining UGL and DTZ will create one of the world’s largest property services businesses by revenue and capability allowing us to broaden our existing property services offering across a global footprint.”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s