Deals·October 20, 2026 at 7:00 AM EDT·2 sources
CBRE Acquires Data Center Equipment Provider Onnec Group for $610M
CBRE -6.0%
CBRE · last 30 trading days-5.7% since the news
News
acquisition, log scale$610M
$100M$1B$10B$100B
What happened
- CBRE announced a definitive agreement to acquire Onnec Group Limited, a data center infrastructure services provider, in an all-cash transaction.
- The initial purchase price is £460 million, with up to $400 million in additional payments tied to Onnec’s growth, according to Commercial Observer.
- Onnec serves technology companies in Europe and Asia Pacific, expanding CBRE’s critical infrastructure capabilities in those regions.
Initial purchase price
£460 million
Reported transaction value
$610 million
Potential additional payments
up to $400 million
Why it matters
The acquisition expands CBRE’s data center infrastructure offering and increases its exposure to demand from technology companies in Europe and Asia Pacific. It is relevant to real estate, M&A and data center professionals assessing infrastructure-services consolidation.
Deal terms
acquisition
CBRE Group, Inc. → Onnec Group Limited
Value
$610M
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Timeline
- First reported by Business WireOct 20CBRE Expands Critical Infrastructure Capabilities in Europe and Asia Pacific with Onnec Acquisition
- Commercial Observer reportsOct 20CBRE Acquires Data Center Equipment Provider Onnec Group for $610M
Who is involved
acquiringCBRE Acquires Data Center Equipment Provider Onnec Group for …Onnec Group LimitedtargetCBRE Group, Inc.CBRE · buyer
CompanyThe deal
Sources (2)
- Business WireOct 20CBRE Expands Critical Infrastructure Capabilities in Europe and Asia Pacific with Onnec Acquisition
- Commercial ObserverOct 20CBRE Acquires Data Center Equipment Provider Onnec Group for $610M
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