CORFAC International Announces New Commercial Real Estate Affiliates in France and Spain

Falls Church, Virginia, UNITED STATES

CHICAGO, April 15, 2015 (GLOBE NEWSWIRE) -- CORFAC International ( President Scott Savacool, CCIM, SIOR, today announced that Paris, France-based BG Carré and P&A Siglo XXII based in Madrid, Spain have joined the Chicago, Illinois-based association of commercial real estate service providers.

Member-driven and entrepreneurial, CORFAC is the only remaining global network of independent brokerage firms who wish to steadfastly maintain their independence and work collaboratively to serve their clients.

Bill R. Beauclerk, MRICS (Members of the Royal Institute of Chartered Surveyors), is Joint-Managing Director of BG Carré and the principal point-of-contact with CORFAC. Additional officers of the company include Abraham De Koning, MRICS and Joint-Managing Director, Georges Du Halgouet, Joint-Managing Director and Guillaume Cailloux, Consultant.

Established in 2004, BG Carré specializes in the office markets of the 10 primary French cities, plus high-end retail and shopping centers. The firm also serves occupiers, owners and investors of light industrial and logistics assets, while a unit of the business focuses on Parisian prime-luxury residential and hotel markets. Approximately 70 percent of the firm's revenue is brokerage and fee-based services, while valuation services make up 25 percent of revenue and property research 5 percent of revenue.

P&A Siglo XXII was established in 2014 and the officers of the company are Managing Director Pedro Soto and Directors Miguel Angel Taus and John Sargent. The firm focuses on the primary investment and occupier markets in Madrid and Barcelona. P&A Siglo XXII property consultants has secondary market coverage including Cordoba and the Marbella "golden triangle" residential and land markets.

The firms were interviewed and vetted by London-based Alistair Subba Row and some of his colleagues with Farebrother/CORFAC International.

"We are delighted to add key countries to our coverage area in Europe. Both firms bring extensive knowledge of their respective markets and real estate advisory track records which will benefit CORFAC International clients worldwide," said Subba Row, the Farebrother/CORFAC International principal who chairs CORFAC's European affiliates in 10 countries.

BG Carré and P&A Siglo XXII are both associated with the Royal Institution of Chartered Surveyors (RICS).


CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, land sales, multifamily property acquisitions and dispositions, property management and corporate services.


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