Changing faces

The name of King Sturge, a company with a history that can be traced back to the 1760s, is to finally disappear from the real estate market. The takeover of the company by Jones Lang LaSalle is yet another significant result of the crisis which continues to choke the global economy. Many similar transactions are taking place at the moment, and specialists are in no doubt that further mergers and acquisitions lie ahead of us. For analysts and financial experts this is a normal, cyclical phenomenon. But it also signifies a worrying trend. As analysts point out, it is generally only the biggest global corporations that can currently count on securing financing. With the big money only going to the largest companies, hard times are on the cards for the smaller players. Nevertheless, the representatives of such acquisitive companies insist that the changes are good for their clients: global platforms are being created that will be more effective and better able to satisfy the needs of compa