About Colliers Christian Mayer Chief Financial Officer Headquartered in Laval, Englobe is a leading engineering and environmental services firm with a wellestablished network of offices and facilities across Canada. The Company's 2,800+ team members include engineers, professionals, technicians and technical support staff. Englobe offers a broad suite of services from engineering, design and inspection to environmental consulting and remediation. It completes over 25,000 projects annually for public and pri ...

A conference call to review these results will take place at 11:00am ET on August 1, 2024 and will be hosted by Jay S. Hennick, Global Chairman & CEO, Chris McLernon, CEO, Real Estate Services and Christian Mayer, CFO. For anyone unable to listen to the scheduled call, the rebroadcast number will be Toll Free – NA 1-877-674- 7070 with passcode 917200#. The rebroadcast will also be available at the above noted web address for 30 days following the call. Colliers (NASDAQ, TSX: CIGI) is a leading diversified p ...

Company Overview - Colliers International Group Inc. is a leading diversified professional services and investment management company with operations in 68 countries and a workforce of 19,000 professionals [6] - The company has delivered compound annual investment returns of approximately 20% for shareholders over more than 29 years [6] - Colliers reported annual revenues of $4.3 billion and manages assets worth $96 billion [6] Upcoming Events - Colliers will issue its second quarter results for the period ended June 30, 2024, via press release on August 1, 2024, at approximately 7:00am ET [4] - A conference call to review these results will take place at 11:00am ET on the same day, hosted by key executives including Jay S. Hennick, Global Chairman & CEO [2][4]

LONDON and ZURICH, July 10, 2024 (GLOBE NEWSWIRE) -- Colliers, a leading diversified professional services and investment management company, is set to fortify its European presence through a partnership agreement with SPGI Zurich AG. This strategic alignment will see the Switzerland-based commercial property advisor join Colliers' expansive EMEA platform as an affiliate. Robert Hauri, CEO Intercity Group and Co-Owner & CEO SPGI Zurich AG, added: "This partnership will enhance the services we offer to our d ...

Alpine Income Property Trust (PINE) Looking ahead to 2024, PINE aims to continue growing its portfolio by selling non-investment grade assets and acquiring higher-quality investment-grade properties. The company is focused on maintaining its high occupancy and stable revenue streams through strategic property management and acquisitions LXP Industrial Trust (NYSE:LXP) owns and leases industrial properties, benefiting from strong demand in logistics and warehousing. Its substantial dividend growth and major ...

Company Performance - Elevance Health reported a revenue growth of 0.9% in Q1 2024, with adjusted EPS increasing by 12.5%. The operating margin grew by 7.52%, and return on equity (ROE) increased by 15.95%. Bank of America subsequently upgraded its price target to $646 per share [2] - Colliers International has a growth estimate of 28.60% for the next quarter, significantly higher than the S&P 500 index's 10.20%. Of eight analysts, seven recommended buying, with an average price target of $140 per share, indicating a potential upside of around 28% [7] - Elevance Health's price-to-earnings ratio stands at 20.3x, below the S&P 500 benchmark of 27.9x. Analysts favor this stock, with 19 of 22 covering analysts recommending it as a buy, and an average price target of $609.25 per share, suggesting a potential upside of approximately 13.4% [9] - US Foods has seen price target upgrades from four analysts, with an average target now at $64.56 per share, representing a potential upside of 24% from current levels [11] Industry Insights - The real estate market is expected to strengthen due to ongoing lower interest rates globally, prompting analysts to upgrade Colliers [3] - The food distribution industry, represented by US Foods, is anticipated to benefit from increased food demand driven by record tourism and a projected 6.3% year-over-year increase in airline passengers to the U.S. from June to August [17]

Colliers has commenced the search process for a new UK CEO and Tony will continue to lead the Colliers business as CEO for UK and Ireland until a successor is appointed. Media Contact: Suzy Simpson Head of Content, Communications and PR, UK Colliers Suzy.Simpson@colliers.com Davoud Amel-Azizpour, CEO EMEA, said: "Tony is an enterprising leader who fully represents our Colliers values. He has carried Colliers forward with vision, accelerating the success of our clients and our people and growing the business ...

"This report reflects the collective efforts of our teams worldwide, as well as our ongoing partnerships with tenants, suppliers, and local communities. I'm proud of our momentum and the actions we are taking, which will have a significant positive impact on our enterprise and society," said Sean Drygas, Global Head of Sustainability at Colliers. Colliers' report was produced with reference to the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB, now consolidated into t ...

TORONTO and LAVAL, June 03, 2024 (GLOBE NEWSWIRE) -- Global diversified professional services and investment management company, Colliers ((NASDAQ, TSX:CIGI), announced today it has entered into a definitive agreement to acquire Englobe Corporation ("Englobe"), a leading Canadian multi-discipline engineering, environmental and inspection services firm. Englobe's senior leadership team and employee shareholders will remain shareholders in the business under Colliers' unique partnership model. Headquartered i ...

TORONTO and LAVAL, June 03, 2024 (GLOBE NEWSWIRE) -- Global diversified professional services and investment management company, Colliers ((NASDAQ, TSX:CIGI), announced today it has entered into a definitive agreement to acquire Englobe Corporation ("Englobe"), a leading Canadian multi-discipline engineering, environmental and inspection services firm. Englobe's senior leadership team and employee shareholders will remain shareholders in the business under Colliers' unique partnership model. Headquartered i ...