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CBRE Sets Sights on RKF

NEW YORK CITY—The smaller firm, which specializes in retail, has deep connections to tenants while CBRE brings landlord relationships and other strengths to the table, an analyst tells GlobeSt.com.

By Rayna Katz | Updated on October 31, 2014

NEW YORK CITY—In yet another coming together of brokerage firms, CBRE is reportedly looking to buy RKF a smaller firm that’s focused on retail, according to the Real Deal. The companies were said to be in discussions for several weeks. CBRE declined to comment to GlobeSt.com and a RKF spokesman says “there are no plans to sell RKF.”

Such a merger would create efficiencies for CBRE and for RKF, retail analyst Glenn Brill, managing director of the real estate and infrastructure solutions practice at FTI Consulting, tells GlobeSt.com. “RKF is known to have relationships with retailers. That’s a terrific match for CBRE, which works with landlords. Put the two together and it creates efficiencies.”

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