Consolidation now

It's as though an arms race has begun. Huge corporations are now striving to become even bigger. And all this is being done in the shadow of growing economic problems. In a year's time the property market will have taken ?on a completely different face Radosław Górecki The last few months have proved that the global property market has well-and-truly entered a new consolidation phase. ?It seems like a week cannot pass by without rumours or leaks about the possible mergers or acquisitions of large companies. On the one hand, there is the fighting over acquiring companies that manage significant property portfolios. On the other hand, the consultancy world is also changing. There have recently been some major transactions in this industry - and more are bound to come. Some grow, others disappear"Such a transaction is an opportunity that happens in the industry only once in a our lifetime," declared Brett White, president of the management board of CB Richard Ellis, after the company