The continental European operation of Palmer Capital changed its shareholder structure and rebranded itself as Arcona Capital. 

Jones Lang LaSalle Incorporated announced that it is separating the roles of President and Chief Executive Officer and that Christian Ulbrich, currently CEO for the EMEA region, will become President of JLL. Colin Dyer will retain the role of CEO and continue to guide the firm’s global strategy, with a particular emphasis on IT and data strategies, and oversee LaSalle Investment Management as well as the firm’s finance, human resources, legal and marketing functions. Additionally, Guy Grainger, currently UK Chief Executive, will succeed Ulbrich as EMEA CEO, and Chris Ireland will become UK Chief Executive. All changes are effective June 1, 2016.

Prologis today announced that Ben Bannatyne has been appointed President of Prologis Europe, succeeding Philip Dunne, who has been in the role for almost seven years.

Cushman & Wakefield and DTZ have reached a definitive agreement on Tuesday to merge and are set to become one of the largest global real estate services companies.