CBRE acquires project management firm Montlaur
CBRE has acquired Montlaur Project Services Pty Ltd, a project management company in Australia.
The acquisition is seen as strengthening CBRE’s position as a provider of real estate services across the Pacific region.
Montlaur is active across a wide range of industry sectors including commercial, government, education, industrial, health and aged care, residential, retail and hospitality.
Since its founding in 1988, Montlaur has delivered more than 2.5 million square metres of projects valued at more than AU$4.0 billion for clients such as Transurban, SEEK, Energy Australia and the Victorian Government.
Montlaur’s team of 52 professionals in Melbourne and Sydney will join CBRE’s existing Project Management group, which now has more than 170 professionals.
Montlaur Directors Brian Miller and Richard Hume will lead the combined Project Management operations in Victoria, reporting to Scott Jackman, Managing Director of CBRE’s Pacific Project Management business.
Montlaur’s Leon Lachal will take on a new role as National Director, Project Management.