The mergers of large consulting companies has resulted in the birth of new players

Consolidation is a natural process that happens after a market has slumped. After 2008 the real estate sector survived a massive heart attack. The patient is still with us, but his recovery is continuing to this day. In 2011, there were several highly significant mergers and acquisitions. King Sturge - a company with a more than century-old tradition - disappeared, acquired and absorbed by Jones Lang LaSalle. DTZ was fighting for survival and considering a possible merger with BNP Paribas. Finally the company was bought the Australian UGL Group and is now officially called ?DTZ, a UGL company'. CB Richard Ellis acquired ING REIM Europe, ING REIM Asia and Clarion Real Estate Securities. It was argued that this consolidation process would continue until the consultancy sector was concentrated in the hands of three or four players. But instead staff movements have actually led to newer players entering the market. And they seem to be the biggest winners. Talent swamps the marketMark Twom