LONDON, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Leading global diversified professional services company Colliers announced today that John Munday will be promoted to Chief Executive Officer (CEO) of Colliers UK, effective 3 March 2025. Munday will set the strategic direction of the top-tier UK transactional and advisory services business of more than 1,000 employees. With 30 years of industry expertise, Munday has rapidly grown businesses that offer diverse property services to clients and advanced the careers o ...

TORONTO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") announced that John Sullivan has been appointed to the Board of Directors, effective today. Sullivan has more than 30 years of real estate experience in acquisitions, dispositions, asset management and development. He served as the President and Chief Executive Officer of The Cadillac Fairview Corporation Limited for 13 years, retiring in 2023. Prior to his role as CEO, Sullivan held several seni ...

TORONTO and SEATTLE, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Leading global diversified professional services company Colliers (NASDAQ and TSX: CIGI) today announced that Colliers Engineering & Design has finalized an agreement to partner with MG2 Corporation (“MG2”), a premier architecture, strategic planning, design, and program management firm based in Seattle, Washington. This strategic partnership significantly expands Colliers Engineering & Design’s footprint in the U.S. Northwest, strengthening existing se ...

TORONTO, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") today announced the expansion and extension of its unsecured multi-currency revolving credit facility (the “Credit Facility”) for a new five-year term, maturing November 2029. The updated Credit Facility replaces the previous agreement which was set to mature in May 2027 and increases borrowing capacity to $2.25 billion from $1.75 billion. With this expansion, Colliers has over $1 billion of capa ...

AMSTERDAM, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Leading global diversified professional services company Colliers announced the appointment of Jeroen Lokerse as CEO of the Netherlands. Lokerse will be responsible for accelerating the strategic direction and sustained growth of the Dutch business while enhancing the opportunities available to our people within the Netherlands. Lokerse joins Colliers from a 17-year tenure at Cushman & Wakefield, most recently holding a global product innovation role and previous ...

Colliers International Group Inc. (NASDAQ:CIGI) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Jay Hennick - Global Chairman and CEO Christian Mayer - CFO Chris McLernon - CEO, Real Estate Services Conference Call Participants Stephen Sheldon - William Blair Jimmy Shan - RBC Capital Markets Himanshu Gupta - Scotia Capital Daryl Young - Stifel Frederic Bastien - Raymond James Operator Welcome to the Colliers International Third Quarter Investors Conference Call. Today's ca ...

Colliers International (CIGI) came out with quarterly earnings of $1.32 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.59%. A quarter ago, it was expected that this commercial real estate services provider would post earnings of $1.37 per share when it actually produced earnings of $1.36, delivering a surprise of -0.73%.O ...

Solid growth across all service lines and segments Re-aligned operating segments to better reflect value and growth Third quarter and year to date operating highlights:     Three months ended   Nine months ended     September 30   September 30 (in millions of US$, except EPS)   2024     2023     2024     2023                             Revenues $ 1,179.1   $ 1,056.0   $ 3,320.4   $ 3,100.0   Adjusted EBITDA (note 1)   154.6     144.9     419.0     39 ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Colliers International (CIGI) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 5, 2024, might help the stock move higher if these key numbers are ...

Colliers International (CIGI) shares rallied 4.8% in the last trading session to close at $154.91. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 1.1% loss over the past four weeks. The increased investor optimism in the stock can be attributed to the positive sentiments within operations real estate amid favorable industry fundamentals. This commercial real estate services provider is expected to post quart ...