CBRE has just purchased PKF Consulting, a firm that focuses on the hospitality and hotel sector in Canada. The move follows CBRE’s acquisition of PKF Consulting USA, which it bought about a year ago.
PKF provides services for hotel owners, lenders, investors and others involved in the hotel industry. In Canada, it does market research, appraisals, asset management and other tasks. During the past four years, PKF Canada has provided advisory services for more than $4 billion of hotel assets, serving a wide range of owners, lenders, purchasers and developers
The move makes PKF part of CBRE’s Valuation & Advisory Services arm.