FirstService Expands Real Estate Services Division Into New York

FirstService Corporation today announced that it has entered into a definitive agreement to expand its global real estate services platform by acquiring a 65% interest in New York-based GVA Williams Real Estate, with senior management retaining the balance of equity. The terms of the transaction were not disclosed. All dollar amounts noted are in U.S. dollars. The transaction is expected to be completed by the end of September, 2008 at which time GVA Williams will be re-branded as Williams Real Estate, a FirstService Company. read more

Source: FirstService Corporation