Colliers to partner with leading Australian planning and advisory firm

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]