DTZ takes 30 pct stake in DTZ Sweden (SE)

Property company DTZ Holdings PLC said it has taken a 30 pct stake in DTZ Sweden in a move to formalise the two companies' long-standing commercial partnership in Sweden.

DTZ paid an initial 1.05 mln stg for the stake and will pay up to a further 337,000 stg depending on the Swedish company's future performance.

DTZ Sweden has 40 staff, operating in the areas of valuation, occupier services, investment transactions, investment advice and corporate finance.

Source: Freeman News

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