The real estate agency has moved to clarify that CBRE’s acquisition of Burgess Rawson does not impact is WA operations.
Burgess Rawson’s Western Australian operations will remain the same following news of CBRE’s acquisition of the real estate business in the eastern states.
The real estate company’s WA arm moved to reassure its clients today that it had has not been impacted by CBRE’s impending takeover of Burgess Rawson in Victoria, NSW and Queensland.
“In response to public statements regarding the acquisition of Burgess Rawson by CBRE, we wish to clarify the position of Burgess Rawson Western Australia (WA),” Burgess Rawson WA managing director Chris Wiese said.
“Burgess Rawson WA is, and will remain, an independent, 100 per cent locally owned and operated business.
“The CBRE acquisition relates solely to the majority of the eastern states operations of Burgess Rawson and has no impact whatsoever on the ownership, management, or operations of Burgess Rawson WA or Burgess Rawson ACT.”
CBRE today entered into a definitive agreement to acquire Burgess Rawson, following months of speculation.
The company said the move aligned with its strategy to serve clients in the private and high net worth investor markets.
Burgess Rawson’s WA arm was transformed when Chris Wiese and Andrew Graham bought a majority stake in the business in late 2022.
The company operates across sales, leasing, valuation, property management and research.
