2 Firms Agree to Merge Real Estate Function

A. E. LePage Ltd., the Canadian parent firm of Fuller Commercial Brokerage Co., which has offices in Los Angeles, and Royal Trust, also of Canada, have agreed to merge LePage's commercial and residential real estate brokerage and fee business with Royal Trust's real estate brokerage business.

The merged firm, the largest in Canada and the second largest in North America, will operate as a separate company within the Trilon Group, parent of Royal Trust, with shares owned jointly by Royal Trust and A. E. LePage.

The still-to-be-named new firm will have 9,000 employees--including 450 in the United States--350 offices and $350 million in gross annual revenues. A name incorporating the identities of both companies will be chosen soon, according to Wade Lamming, president of Fuller Commercial Brokerage's Los Angeles office.

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