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Cushman & Wakefield expands in Germany with acht+ buy

Cushman & Wakefield PLC acquired Berlin-based independent real estate consultancy acht+ Baumanagement + Immobilienberatung GmbH.

The global real estate services firm will incorporate acht+ into its project and development services division, doubling its workforce in its German PDS business to more than 50 employees.

Cushman said the acquisition of acht+, which provides project management, technical due diligence, project general planning and cost management services, should allow it to offer fully in-house complex building project solutions to clients in Germany.

Acht+ founders and managing partners Axel Funke and Oliver Mai will stay on board.