CBRE Group, Inc. Announces Expansion of Trammell Crow Company’s Logistics Development Capabilities Into Europe
DALLAS–(BUSINESS WIRE)–CBRE Group, Inc. (NYSE: CBRE) today announced that its real estate development subsidiary, Trammell Crow Company (TCC), has launched logistics development capabilities in Europe.
Ian Worboys, a pan-European logistics specialist, has joined TCC to lead this new business, which will serve occupier and capital partner clients across the continent. The firm plans to open offices this year across major markets, including the Czech Republic, Germany, France, UK and Spain with additional expansion throughout Europe envisioned.
The expansion comes at a time when the dramatic growth of e-commerce is fueling robust appetite for logistics facilities across Europe.
“Continued positive market fundamentals point…