The acquisition of U.S. real estate brokerage firm Studley by a London-based company should have a positive impact on KMD Studley, which operates in Austin and San Antonio.
“From where I’m standing this is all upside,” said Marshall Davidson Jr., managing principal for KMD Studley.
Savills PLC will pay $260 million over a four-year term to acquire Studley’s 25 offices. The combined company will have 500 offices worldwide. The deal is expected to close in late May or early June...London-based company nabs Studley, including Austin/San Antonio offices
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