Bladen property consultant, Capita Property Consultants to be acquired by Capita Group
CAPITA GROUP, LTD.
will be acquired in a deal that will combine Capita Properties, a leading developer of luxury residential, commercial and office buildings, and Bladen Property Consultancies, a real estate consultancy.
The combined company will be known as Capita Holdings, according to the company’s website.
“CAPITA Holdings will have the capacity to enhance the portfolio of Bladen properties and will be able to deliver a strong performance on all our targets,” the company said in a statement.
The acquisition is expected to close by the end of the year.
The acquisition will allow the Bladen Properties team to take advantage of the new company’s existing infrastructure and operations, as well as expand its international operations, the statement said.
Bladen Properties has developed more than 700 properties in the U.S. and Canada, according the company website.