CBRE Group has acquired a full service retail property consultancy based in Paris, France to incorporate into its French business.
Founded in 2010, Convergences-CVL is led by Jérôme Le Grelle and includes a team of 27 professionals based in Paris who work for broad range of clients including developers, retailers and public sector entities.
Le Grelle now will assume the role of head of retail for CBRE in France, leading a team of 50 specialists. Prior to founding Convergences-CVL, Le Grelle held a number of high profile positions in the retail sector including head of real estate at LVMH, president of the French subsidiary of Rodamco Europe and COO of Carrefour Property.
Martin Samworth, EMEA CEO of CBRE, said: “This acquisition adds market-leading expertise in retail consultancy and development advisory capabilities to our strength in retail transactions and will significantly enhance our ability to provide a full range of world-class retail services to our domestic and international clients in France.”