be bought by UBS Brinson, the asset management unit of the Swiss banking company UBS AG. Financial terms were not disclosed.

Allegis is to become a real estate unit of UBS Brinson and have $9.1 billion of real estate assets under management. It will be based in Hartford, Conn., and have offices in New York, Dallas, and San Francisco.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.