CBRE has acquired Australian project management company Montlaur Project Services Pty Ltd.
Active in the aged care, commercial, government, health, hospitality, industrial, residential and retail sectors – Montlaur has delivered more than 2.5 million square metres of projects, with an end worth over $4 billion, since establishing in 1988.
Its clients have included Transurban, SEEK, Energy Australia and the Victorian government.
Montlaur was headquartered in Melbourne’s inner-north east Collingwood, but employed people in Sydney, too.
Its 52 staff will join CBRE’s Project Management group of more than 170.
“The quality of Montlaur’s people and their trusted client relationships will enhance our project management platform and capabilities, particularly in the Victorian market, where Montlaur has been a clear market leader,” CBRE Pacific chief executive officer Phil Rowland said.
Montlaur directors Brian Miller and Richard Hume will lead the combined Project Management operations in Victoria, reporting to Scott Jackman, managing director of CBRE’s project management business for the Pacific region.
Montlaur’s Leon Lachal will take on a new role as national director, Project Management.
“The strength of the CBRE brand will enhance our ability to cultivate sustainable client relationships, provide enhanced growth opportunities for our staff in sectors we currently do not operate in, and give our clients access to CBRE’s broad service offering and global reach,’’ Mr. Lachal said.
Montlaur’s website now directs users to CBRE’s Project Management department page.