When CBRE acquired Trammell Crow Company in 2006, residential development was not part of the plan. Build-to-rent development has since grown to a third of the TCC business, and as it welcomes Telford Homes to the group, it is expanding this globally.
The deal was a shock move from the world’s largest real estate company, and it begs the question: why?
“It really starts with Trammell Crow,” says Danny Queenan, CBRE’s global chief executive for real estate investments. “We are always looking to expand TCC to other locations within the US, but we
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