He is the author of the investing group Asia Value & Moat Stocks , providing ideas for value investors seeking investment opportunities listed in Asia, with a particular focus on the Hong Kong market. He hunts for deep value balance sheet bargains and wide moat stocks and provides a range of watch lists with monthly updates within his investing group. Asia Value & Moat Stocks is a research service for value investors seeking Asia-listed stocks with a huge gap between price and intrinsic value, leaning towar ...

Core Insights - The United States remains the leading location for tech talent, with San Francisco Bay Area, Seattle, and New York City among the top five cities globally [1] - China and India have established themselves as significant players in the tech talent market, each having five cities in the top 50 list [1][2] - Over one-third (36%) of the world's tech talent is concentrated in just 10 global tech locations, all of which are in the U.S. or India [2] Talent Demand and Workforce Dynamics - There is a notable increase in job postings requiring AI expertise, while traditional IT job listings are declining, highlighting a shift in demand for specific tech roles [4] - The technology workforce is becoming younger, with a 9% increase in workers under 25 from 2014 to 2022, significantly outpacing the all-industry average [5] - Companies are adjusting their location strategies in response to generative AI, with traditional hubs like San Francisco and New York being challenged by emerging markets such as Mexico City and São Paulo [6] Regional Highlights - In the Americas, the U.S. leads the tech talent market, with Toronto, Mexico City, and Montreal also ranking highly [11] - The Asia-Pacific region features three of the top 10 tech markets, including Beijing, Bengaluru, and Tokyo, and accounts for 28% of the global top 50 [11] - The EMEA region has the most markets in the top 50, led by London, Paris, and Dublin [11] Strategic Insights - Executives are increasingly pressured to make informed decisions regarding talent and location strategies due to the evolving workforce dynamics driven by AI [7] - There is a growing trend among tech leaders to invest in advanced workforce and space analytics solutions, with 59% of executives planning to use labor market analytics more proactively [8]

Core Viewpoint - Colliers International Group Inc. will release its second quarter results for the period ending June 30, 2025, on July 31, 2025, at approximately 7:00am ET, followed by a conference call at 11:00am ET to discuss these results [1]. Group 1 - The conference call will be hosted by Jay S. Hennick, Global Chairman & CEO, and Christian Mayer, CFO [1]. - The call can be accessed via local and toll-free telephone numbers, as well as through a webcast available on the company's corporate website [2]. - A replay of the webcast will be available for those unable to attend the live call [2]. Group 2 - Colliers is a global diversified professional services and investment management company, operating through three platforms: Real Estate Service, Engineering, and Investment Management [3]. - The company has delivered approximately 20% compound annual returns for shareholders over the past 30 years, supported by significant inside ownership and substantial recurring earnings [3]. - Colliers has nearly $5.0 billion in annual revenues, a workforce of 23,000 professionals, and manages over $100 billion in assets [3].

Core Insights - Colliers has launched a refreshed sustainability strategy named "Built to Last," which aligns with current environmental, social, and governance challenges and opportunities [1][3] - The 2024 Global Sustainability Report highlights significant achievements, including a 27.6% reduction in Scope 1 and 2 emissions per square foot from the 2021 baseline [6] - Tonya Lagrasta has been appointed as the Global Head of Sustainability to lead the implementation of the new strategy [2][3] Sustainability Achievements - Achieved a 27.6% reduction in Scope 1 and 2 emissions per square foot from the 2021 baseline [6] - Earned WELL Health-Safety Ratings in 87.4% of Colliers offices ≥ 2,500 sq. ft., an increase from 35% in 2022 [6] - Expanded the electric vehicle fleet to over 170, representing a fivefold increase in two years [6] - Reached 88% participation in the global employee engagement survey, with scores exceeding external benchmarks [6] - Achieved 68% of the Colliers Gives volunteering goal [6] Company Overview - Colliers is a global diversified professional services and investment management company with nearly $5.0 billion in annual revenues and over $100 billion in assets under management [4] - The company operates through three platforms: Real Estate Services, Engineering, and Investment Management, and has a team of 23,000 professionals [4] - Colliers has consistently delivered approximately 20% compound annual returns for shareholders over the past 30 years [4]

Core Insights - Colliers has announced the acquisition of Cambium Inc., enhancing its Canadian engineering platform, Englobe Corporation, and expanding its presence in Ontario's engineering market [1][3] Company Overview - Colliers is a global diversified professional services and investment management company with nearly $5.0 billion in annual revenues and over 23,000 professionals [4] - Cambium, founded in 2006, employs 235 professionals and provides various engineering services across Ontario, primarily in the Greater Toronto Area and Ottawa region [2] Strategic Importance - This acquisition marks Colliers' fourth follow-on investment in less than a year, emphasizing its strategic focus on strengthening Englobe's market position in Ontario [3] - Cambium's integration into Englobe is expected to enhance capabilities and geographic reach, allowing for improved client service [3] Leadership and Cultural Fit - Cambium's senior team will become shareholders in Englobe, aligning their interests with Colliers' long-term growth aspirations [1][3] - Both companies emphasize a shared cultural value of prioritizing people and relationships, which is seen as a key asset in their partnership [3]

Core Insights - Colliers International Group, Inc. (CIGI) has entered into a definitive agreement to acquire a controlling interest in Astris Infrastructure, LLC (Astris Finance), with the deal expected to close in Q3 2025 [1][7] - The financial terms of the acquisition have not been disclosed [1] - Astris Finance specializes in strategic and transaction advisory services, including mergers and acquisitions (M&A), project finance, and long-term capital raising initiatives for global developers and investors [3][7] Company Overview - Colliers operates under a unique partnership model, allowing senior leadership and designated team members of Astris Finance to retain substantial ownership in the business [2] - Colliers manages over $25 billion in energy transition and infrastructure assets, enhancing its investment management capabilities [4] - The acquisition aims to expand Colliers' investment banking capabilities, positioning the company to better serve institutional clients amid rising global demand for infrastructure [4][7] Market Context - Colliers is a diversified professional services and investment management company, with services including outsourcing, leasing, capital markets, engineering, and investment management [5] - The company has experienced a 0.5% increase in shares over the past three months, compared to a 3.9% increase in the industry [5]

Group 1 - Colliers has completed the acquisition of Triovest Inc., enhancing its position as Canada's largest commercial real estate services firm [1] - The company employs over 3,000 professionals and manages more than 95 million square feet of commercial real estate [1] - Colliers oversees over $15 billion in projects currently under development [1] Group 2 - Colliers operates through three main platforms: Real Estate Services, Engineering, and Investment Management [2] - The company has delivered approximately 20% compound annual returns for shareholders over the past 30 years [2] - With nearly $5.0 billion in annual revenues and a team of 23,000 professionals, Colliers manages over $100 billion in assets [2]

Company Overview - Colliers has entered into a definitive agreement to acquire a controlling interest in Astris Infrastructure, LLC, enhancing its capabilities in infrastructure and energy transition [1] - Astris Finance has a strong presence with 65 professionals across nine offices globally, providing strategic and transaction advisory services in various sectors [2] - The acquisition is expected to close in the third quarter of 2025, subject to customary closing conditions [1] Strategic Importance - The partnership will significantly expand Colliers' investment banking capabilities, allowing better service to institutional clients and capitalizing on the growing demand for infrastructure [3] - Astris Finance has ranked among the top three financial advisors in the IJ Global Renewables League Tables, indicating its strong market position [2] - The collaboration aims to broaden advisory capabilities and unlock new opportunities for clients worldwide [3] Financial Metrics - Astris Finance has advised on over 400 transactions totaling more than $60 billion in investment [2] - Colliers manages over $25 billion in energy transition and infrastructure assets [3] - Astris Finance is currently working on a pipeline of 50+ M&A and financing deals representing an aggregate investment of more than $15 billion [6]

Core Insights - Colliers has acquired Herold Engineering Limited, enhancing its Canadian engineering platform Englobe Corporation and expanding its geographic footprint in British Columbia [1][3] - The acquisition aligns with Colliers' strategy to become a leading player in the Canadian engineering consulting market, following a recent acquisition of Higher Ground [3] - Herold Engineering, founded in 1994, employs 75 professionals and specializes in consulting services for various projects across British Columbia, mainly on Vancouver Island [2] Company Overview - Colliers operates as a global diversified professional services and investment management company, with three main platforms: Real Estate Services, Engineering, and Investment Management [4] - The company has a proven business model and a unique partnership philosophy that has driven approximately 20% compound annual returns for shareholders over the past 30 years [4] - Colliers reported nearly $5.0 billion in annual revenues and manages over $100 billion in assets, employing a team of 23,000 professionals [4]

Exhibit 99.1 Page 2 of 23 Colliers International Group Inc. Consolidated Statements of Earnings (Loss) (Unaudited) (in thousands of US dollars, except per share amounts) | | | | Three months | | | --- | --- | --- | --- | --- | | | | | ended March 31 | | | | | 2025 | | 2024 | | Revenues (note 18) | $ | 1,141,170 | $ | 1,001,980 | | Cost of revenues (exclusive of depreciation and amortization shown below) | | 688,490 | | 606,245 | | Selling, general and administrative expenses | | 348,293 | | 299,960 | | Depr ...