King & Wood Mallesons acts for Irea on Colliers takeover

Spanish financial adviser Irea Corporate Finance instructed King & Wood Mallesons on its acquisition by commercial real estate service provider Colliers International Group, according to Mergermarket.

The new entity, Colliers International Spain, has more than 100 professionals in Madrid and Barcelona providing financial and strategic advisory services as well as investment sales, lease brokerage, valuations, workplace consultancy and property and project management services to clients such as investment funds and financial institutions.

Canada-based Colliers International Group operates in 69 countries and with a workforce of more than 12,000 professionals.

In 2017, Colliers revenues stood at $2.3 billion.