Colliers International

Rank#3269

Market Cap4.80B

CountryCanada

Summary

Colliers International Group Inc. provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers sales brokerage services, including real estate sales, debt origination and placement, equity capital raising, market value opinions, acquisition advisory, and transaction management services; and landlord and tenant representation services. The company provides outsourcing and advisory services, such as corporate and workplace solutions; valuation and advisory services; workplace strategy services; loan servicing; property marketing; research services; and engineering design services for property and building, infrastructure, transportation, environmental and telecommunications end-markets. It also offers property management services comprising building operations and maintenance, facilities management, lease administration, property accounting and financial reporting, contract management and, construction management; and project management services, which include bid document review, construction monitoring and delivery management, contract administration and integrated cost control, development management, facility and engineering functionality, milestone and performance monitoring, quality assurance, risk management and strategic project consulting. In addition, the company provides investment management services that consists of asset management advisory and administration, transaction, and incentive services. The company was founded in 1972 and is headquartered in Toronto, Canada.

History

Colliers began in Australia in 1976 after Glynn Lynch & McHarg and Jones Lang Wootten & Sons merged under the Colliers name. In 1978, Colliers merged with Hong Kong-based Tony Petty & Associates.In 1984, Colliers merged with Macaulay Nicolls. The following year, the company merged with American Realty Services Group. In 1992, the company merged with Jardines, a British firm.In 2004, FirstService Corporation bought a controlling interest in Colliers Macaulay Nicolls, Colliers' largest member. After gaining controlling interest, Macaulay Nicolls became First Service REA.In 2006, FirstService purchased a majority stake in PGP Valuation and merged with the appraisal arm of Colliers Macaulay Nicolls. In 2007, FirstService acquired an 80 percent stake in PKF Hotel and Hospitality Consulting and a 60 percent stake in MHPM Project Managers.In September 2008, FirstService purchased a 65 percent stake in GVA Williams. In 2009, FirstService gained control of Colliers after acquiring large shareholders. In October, Colliers invested in Colliers CRE, a London-based real estate services company.In January 2010, the merger of Colliers and FirstService was announced. Following the merger in April 2010, Dylan Taylor became president and CEO of Colliers International's US operations. Also in April, Colliers invested in Colliers Bennett & Kahnweiler and West Shell Commercial in Cincinnati, Ohio. The following month, Adena Commercial, a real estate firm in Columbus, Ohio and Grubb & Ellis Paramount Commerce in Grand Rapids, Michigan began working with Colliers International. In June 2010, Colliers partnered with Sutton & Edwards, a real estate firm in Long Island, New York.In July 2014, PKF Consulting was sold to CBRE Group. In June 2015, Colliers International and FirstService Corporation separated into two independent, publicly traded companies – Colliers International Group Inc. and FirstService Corporation.In September 2016, Stephen Harper, Canada's former Conservative Prime Minister, was appointed to the company's board.In October 2017, Colliers acquired Serten Advisors, LLC; a tenant representation firm headquartered in the Washington, DC area.In September 2019, Colliers acquired Synergy Property Development Services, an Indian real estate company.In December 2019, Colliers acquired certain divisions of Doughtery Financial based in Minneapolis.In July 2020, Colliers acquired Maser Consulting P.A., a multi-discipline engineering design services firm based in New Jersey.

Mission

Service, expertise, community and fun form the core of who we are. These values guide how we live and work, helping us create memorable experiences for our clients and accelerate the success of everyone we touch. When property services are guided by shared values, our teams perform at a higher level, creating lasting personal connections among our colleagues, clients, and the communities we serve.

Vision

To be the most highly regarded and respected global real estate services firm and to achieve sustained, profitable growth.

References

https://en.wikipedia.org/wiki/Colliers_(company)

https://in.investing.com/equities/firstservice-dividends

https://finance.yahoo.com/quote/CIGI/profile?p=CIGI

https://www.comparably.com/companies/colliers-international/mission

https://www.crunchbase.com/organization/colliers-international

https://sec.report/CIK/0000913353

https://companiesmarketcap.com/

https://www.colliers.com

Leadership team