Colliers International(CIGI)

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Colliers announces acquisition of Triovest
Newsfilter· 2025-04-15 11:30
TORONTO, April 15, 2025 (GLOBE NEWSWIRE) -- Colliers ((NASDAQ, TSX:CIGI) announced today that it has entered into a definitive agreement to acquire Triovest Inc. ("Triovest"), a leading Canadian commercial real estate services platform, from its owner, Coril Holdings. After closing, Triovest will rebrand as Colliers, merging its operations and capabilities to solidify Colliers' position as Canada's largest commercial real estate services firm. The combined Canadian operations will employ more than 3,000 pro ...
Miro Karttunen appointed Managing Director of Colliers in Finland
Globenewswire· 2025-04-15 08:30
Core Insights - Colliers has appointed Miro Karttunen as the Managing Director of Colliers in Finland, effective August 1, 2025, to enhance its Property Management services across the Nordics [1][3] - The leadership transition follows the retirement announcement of Ari Vanhanen, who will remain as an advisory board member until the end of 2025 to support Karttunen [3][4] Company Strategy - Karttunen aims to strengthen Colliers' position as a market leader in client service excellence and drive strategic collaboration within the Nordics and EMEA region [1][3] - The focus will be on expanding Property Management services, leveraging Karttunen's experience in the real estate industry and his previous roles [2][3] Leadership Background - Miro Karttunen has a strong background in the real estate sector, having previously led operational strategies for residential funds at CapMan Real Estate and served as Managing Director at Newsec Property Asset Management [2] - His leadership style is characterized by a dynamic approach and a proven track record in driving business growth and team performance [2][3] Company Overview - Colliers operates as a global diversified professional services and investment management company, with annual revenues exceeding $4.8 billion and $99 billion in assets under management [5] - The company has consistently delivered approximately 20% compound annual returns for shareholders over the past 30 years, supported by a strong market presence and a unique partnership philosophy [5]
Colliers International Is Reasonably Defensive With A Potential Catalyst
Seeking Alpha· 2025-04-14 21:28
Group 1 - The article focuses on the Asia Value & Moat Stocks research service, which targets value investors looking for Asia-listed stocks with significant discrepancies between price and intrinsic value [1] - The service emphasizes deep value balance sheet bargains, such as net cash stocks and low price-to-book (P/B) stocks, as well as wide moat stocks that represent high-quality businesses [1] - The author provides a range of watch lists with monthly updates, particularly concentrating on investment opportunities in the Hong Kong market [1]
Colliers Announces Voting Results
Globenewswire· 2025-04-01 21:15
Group 1 - Colliers International Group Inc. held its annual meeting of shareholders on April 1, 2025, where all ten director nominees were elected to serve until the next annual meeting [1][2] - The voting results showed that John (Jack) P. Curtin, Jr. received 99.01% of votes for his nomination, while Katherine M. Lee had the lowest approval at 73.29% [2] - Shareholders also approved the appointment of PricewaterhouseCoopers LLP as the auditor for the upcoming year and a non-binding advisory resolution on executive compensation [2] Group 2 - Colliers is a global diversified professional services and investment management company with annual revenues exceeding $4.8 billion and $99 billion in assets under management [3] - The company operates through three platforms: Real Estate Service, Engineering, and Investment Management, and has delivered approximately 20% compound annual returns for shareholders over the past 30 years [3] - Colliers employs a team of 23,000 professionals and maintains a unique partnership philosophy that drives growth and value creation [3]
Colliers announces upcoming annual meeting and Q1 reporting dates
Newsfilter· 2025-03-10 13:00
Company Information - Colliers International Group Inc. will hold its Annual Meeting of Shareholders virtually on April 1, 2025, at 11:00am ET, allowing shareholders and proxyholders to ask questions and vote through a live webcast [1] - The company will release its operating and financial results for the first quarter ended March 31, 2025, on May 6, 2025, at approximately 7:00am ET, followed by a conference call at 11:00am ET hosted by the Global Chairman & CEO and CFO [3][4] - Colliers operates through three platforms: Real Estate Service, Engineering, and Investment Management, with annual revenues exceeding $4.8 billion and $99 billion in assets under management [5] Financial Performance - Colliers has delivered approximately 20% compound annual returns for shareholders over the past 30 years, supported by significant inside ownership and substantial recurring earnings [5] - The company employs a team of 23,000 professionals, indicating a strong operational capacity to manage its extensive portfolio [5]
Colliers ranked among top three commercial real estate brands for eighth consecutive year
Newsfilter· 2025-02-26 12:30
TORONTO, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Colliers ((NASDAQ, TSX:CIGI) has once again been ranked among the top three commercial real estate brands in the world, according to The Lipsey Company. This marks the eighth consecutive year that Colliers has been recognized among the industry's elite in this annual survey, highlighting the strength of the company's global platform, commitment to excellence and visionary leadership. The Lipsey Company, an international training and professional development firm sp ...
Colliers promotes Felix von Saucken to CEO of Germany
Globenewswire· 2025-02-25 10:00
Core Insights - Colliers has appointed Felix von Saucken as the new CEO of its German operations, effective March 1, 2025, marking a significant leadership change within the company [1][4][5] - Von Saucken, who has been with Colliers since 2018, is recognized for his expertise in local and cross-border capital markets, particularly in residential assets, and has built strong client relationships over 25 years [2][4] - The company aims to strengthen its market position in 2025 by enhancing transaction services and professional services, with von Saucken expressing excitement about leading this development [3][5] Company Performance - Despite challenges faced in 2024, Colliers reported strong market share positions in Lease Advisory and Capital Markets, indicating resilience and potential for growth [4] - The company has seen increased transaction volumes and improved market sentiment, suggesting a recovery phase is underway [5] Leadership Transition - Felix von Saucken succeeds Achim Degen, who will remain as Managing Director and collaborate with von Saucken to establish a new Professional Services division [4][5] - Davoud Amel-Azizpour, CEO of EMEA, expressed confidence in von Saucken's leadership and his commitment as an equity partner to drive the success of Colliers in Germany [5] Company Overview - Colliers operates as a global diversified professional services and investment management company, with annual revenues exceeding $4.8 billion and a team of 23,000 professionals [6] - The company has a proven business model and has consistently delivered approximately 20% compound annual returns for shareholders over the past 30 years [6]
Colliers makes 19th consecutive appearance on IAOP's Global Outsourcing 100
Newsfilter· 2025-02-20 12:30
Group 1 - Colliers has been recognized for the 19th consecutive year in the IAOP's 2025 Global Outsourcing 100® list, highlighting its status as one of the world's best outsourcing service providers [1][4] - The company offers a comprehensive range of services throughout the asset lifecycle, including transactional services, property management, valuation, advisory, and loan servicing [2] - The recognition by IAOP reflects Colliers' expertise and commitment to helping clients optimize their real estate portfolios amid changing market dynamics [3][5] Group 2 - The 2025 Global Outsourcing 100® list is determined through a rigorous scoring methodology, which includes evaluations by an independent panel of IAOP customer members [4] - Colliers operates with a proven business model and a unique partnership philosophy, achieving approximately 20% compound annual returns for shareholders over the past 30 years [6] - The company has annual revenues exceeding $4.8 billion and manages assets worth $99 billion, demonstrating its significant scale and market presence [6]
Colliers makes 19th consecutive appearance on IAOP’s Global Outsourcing 100
Globenewswire· 2025-02-20 12:30
Core Insights - Colliers has been recognized for the 19th consecutive year in the IAOP's 2025 Global Outsourcing 100 list, highlighting its status as one of the world's leading outsourcing service providers [1][4] Company Overview - Colliers offers a comprehensive range of services throughout the asset lifecycle, including transactional services, property management, valuation, advisory, and loan servicing [2] - The company operates through three main platforms: Real Estate Services, Engineering, and Investment Management, with annual revenues exceeding $4.8 billion and a team of 23,000 professionals [6] Industry Context - The recognition by IAOP reflects the increasing complexity and rapid changes in corporate real estate management, driven by factors such as AI insights, regulatory updates, and evolving workforce expectations [3] - The 2025 Global Outsourcing 100 list is based on a rigorous scoring methodology, which includes evaluations from an independent panel of IAOP customer members [4] Leadership Commentary - Chris McLernon, CEO of Real Estate Services at Colliers, emphasized the company's expertise and commitment to helping clients optimize their workplace potential amid changing market dynamics [3] - Debi Hamill, CEO of IAOP, acknowledged the recognized companies for their commitment to excellence and innovation during a challenging year, highlighting their leadership and resilience [5]
Colliers to partner with leading Australian planning and advisory firm
Globenewswire· 2025-02-17 09:00
Core Insights - Colliers has announced the acquisition of a controlling interest in Ethos Urban Pty Limited, an urban planning and design advisory firm in Australia, which is expected to close in the first half of 2025 [1][3] - Ethos Urban employs 160 professionals across three offices in Sydney, Melbourne, and Brisbane, providing various advisory services for public and private sector clients [2] - The partnership aims to leverage Colliers' brand and established reputation to expand Ethos Urban's operations and cross-sell services to a combined client base [3] Company Overview - Colliers operates through three platforms: Real Estate Services, Engineering, and Investment Management, with annual revenues exceeding $4.8 billion and a team of 23,000 professionals [4] - The company has a proven business model that has delivered approximately 20% compound annual returns for shareholders over the past 30 years [4] - Colliers manages assets worth $99 billion, demonstrating its significant presence in the investment management sector [4] Strategic Implications - The acquisition is seen as a natural progression for Ethos Urban, allowing it to capitalize on Australia's urbanization while providing resources and opportunities for its professionals [3] - Colliers' CEO for Asia Pacific emphasized the alignment of Ethos Urban's entrepreneurial culture with Colliers' business philosophy, indicating a strong potential for collaboration [3] - The rebranding of Ethos Urban to Colliers is planned for the second half of 2025, signaling a strategic integration into Colliers' operations [1]