CBRE has bolstered its project management business with the acquisition of Montlaur Project Services.
Founded in 1988, Montlaur has delivered more than 2.5 million sqm of projects valued at more than $4.0 billion for clients such as Transurban, SEEK, Energy Australia and the Victorian government.
Montlaur’s team of 52 in Melbourne and Sydney will join CBRE’s existing project management business, which now has more than 170 professionals.
CBRE Pacific CEO Phil Rowland said the acquisition will enhance the group’s project management platform and capabilities, particularly in the Victorian market.
Montlaur directors Brian Miller and Richard Hume will lead the project management operations in Victoria, reporting to Scott Jackman. Montlaur’s Leon Lachal will take on a new role as national director.
“The strength of the CBRE brand will enhance our ability to cultivate sustainable client relationships, provide enhanced growth opportunities for our staff in sectors we currently do not operate in, and give our clients access to CBRE’s broad service offering and global reach,” Lachal said.
