Macfarlanes has acted on the sale of Norland Managed Services Ltd, a leading provider of commercial building and technical engineering services in the UK and Ireland, to commercial real estate services and investment firm CBRE Group.

CBRE Group has entered into a definitive agreement to acquire Norland Managed Services Ltd for £250m, with up to £50 million of additional deferred contingent consideration.

The Macfarlanes team comprised partner Robert Boyle, senior solicitor Justin Hope and solicitor Julian Thatcher.