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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
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 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 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]
Colliers International(CIGI) - 2024 Q4 - Earnings Call Transcript
2025-02-06 21:25
Financial Data and Key Metrics Changes - Revenues for Q4 2024 were $1.5 billion, up 22% compared to the prior year period [14] - Adjusted EBITDA for Q4 was $225 million, up 14% over the prior year [15] - Local currency internal growth was 10% overall, led by capital markets and engineering [15] Business Line Data and Key Metrics Changes - Real estate services operations had 13% revenue growth, with capital markets up 25% [16] - Engineering revenues grew by 61%, primarily from acquisitions and high single-digit internal growth [17] - Investment management revenues increased by 6%, with Q4 EBITDA up 1% [18] Market Data and Key Metrics Changes - Capital markets growth was driven by increased transaction activity in office and industrial asset classes in Europe and the Americas, while Asia Pacific faced declines in China, Hong Kong, and South Korea [16] - Leasing revenues were up 14% globally, with notable increases in office, industrial, and retail asset classes [17] Company Strategy and Development Direction - The company aims for solid growth in 2025, supported by a decentralized culture and long-term incentive programs [7][8] - Plans to streamline investment management operations to leverage synergies faster than anticipated [12] - The company is positioned to become one of the world's largest mid-market alternative asset managers with about $100 billion in assets under management [12] Management's Comments on Operating Environment and Future Outlook - Management expects a cyclical recovery in capital markets as interest rates and asset valuations stabilize [9] - The outlook for 2025 includes high single-digit to low teens percentage revenue growth and low teens adjusted EBITDA and EPS growth [25] - Management acknowledges potential headwinds from foreign exchange rates impacting revenue growth [23][70] Other Important Information - The company raised $1.3 billion in new capital commitments during Q4, bringing full-year fundraising to $3.8 billion [19] - Assets under management at year-end were $98.9 billion, with expectations to surpass $100 billion in 2025 [19][138] Q&A Session Summary Question: Can you provide more color on the engineering integration and pricing? - Integration has been straightforward, particularly with EnGlobe in Canada, and results are better than expected [30] Question: What are the capital raising goals for investment management? - Expected to raise between $5 billion and $8 billion in 2025, with new fund vintages launching [37] Question: How do you expect engineering margins to evolve? - A 150 basis point margin increase is expected in 2025 due to higher margin acquisitions [43] Question: What is the outlook for capital markets growth? - High single-digit growth is anticipated, influenced by macroeconomic factors and trade policies [71][108] Question: Is there potential for a spin-off of the investment management business? - No decisions have been made, but optionality exists depending on revenue growth and profitability momentum [102] Question: How is the company positioned against larger competitors in fundraising? - The company believes it can achieve better returns in the mid-market and is streamlining operations for competitive advantage [91][94]
Colliers International(CIGI) - 2024 Q4 - Earnings Call Presentation
2025-02-06 18:00
This presentation does not constitute an offer to sell or a solicitation of an offer to purchase an interest in any fund. Revised Operating Segments February 6 , 2025 Fourth Quarter 2024 Financial Results Colliers 2 Forward-Looking Statements This presentation includes or may include forward-looking statements. Forward-looking statements include the Company's financial performance outlook and statements regarding goals, beliefs, strategies, objectives, plans or current expectations. These statements involve ...
Colliers International (CIGI) Lags Q4 Earnings Estimates
ZACKS· 2025-02-06 14:16
Colliers International (CIGI) came out with quarterly earnings of $2.26 per share, missing the Zacks Consensus Estimate of $2.39 per share. This compares to earnings of $2 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.44%. A quarter ago, it was expected that this commercial real estate services provider would post earnings of $1.46 per share when it actually produced earnings of $1.32, delivering a surprise of -9.59%.Over ...
Colliers International (CIGI) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-01-30 16:07
Wall Street expects a year-over-year increase in earnings on higher revenues when Colliers International (CIGI) reports results for the quarter ended December 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 stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...