Prudential Expands in European Relocation Market

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RISMEDIA-NRRE August 2001

Industry News

Prudential Expands in European Relocation Market

Prudential Real Estate and Relocation Services announced the acquisition of Karen Deane Relocations, Ltd., (KDR) a London-based mobility management firm. The acquisition is part of a multifaceted global strategy to continue to build comprehensive mobility services within Prudential Relocation?s growing client base outside the U.S.

Karen Deane Relocations will be managed under the same leadership, with Karen and David Deane continuing to be responsible for strategic direction and with Simon Price acting as managing director.

The acquisition is a major step in Prudential Relocation?s strategic direction to provide world-class mobility management services to its global client base. Thirty-two percent of the company?s international mobility services that are currently UK-bound will benefit from this acquisition.