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BNP acquires Strutt & Parker

BNP acquires Strutt & Parker

One of the UK’s leading logistic property consultancies has bought out a smaller rival.

BNP Paribas Real Estate, a big name in warehouse brokerage, has acquired Strutt & Parker, an agency better known for its rural and residential property business but with links in the logistics sector.

This acquisition, which will be completed in September 2017, will merge the UK subsidiary of BNP Paribas Real Estate with Strutt & Parker.

Strutt & Parker’s residential, rural, development and planning teams will continue to operate under the Strutt & Parker brand, whilst the commercial arm of the business will operate under the BNP Paribas Real Estate brand.

See property features from journalist David Thame in the current issue of SHD Logistics.

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