Le Lézard
Classified in: Business
Subject: MISCELLANEOUS

Colliers International Expands to Austin, Texas


TORONTO, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Leading global commercial real estate services and investment management firm, Colliers International Group Inc. (NASDAQ and TSX: CIGI), today announced the acquisition of Colliers International Austin, LLC ("Colliers | Austin"), which was previously an affiliate operation. As a company-owned operation, Colliers | Austin will augment its business by adding service capabilities in one of America's most vibrant and attractive markets. Details of the transaction were not disclosed.

"Austin is one of the fastest-growing cities in the country and a hotbed for technology, startups and innovation. With some of the most respected educational institutions, a modest cost of living and a highly skilled workforce, Austin is at the top of the list of options for businesses to call home," said Steve Everbach, Colliers International President, Central Region | U.S. Brokerage. "Adding this outstanding group of real estate professionals will enable Colliers to better serve our clients in Texas, as well as nationally and internationally."

"By integrating into the Colliers global platform and leveraging its size, capital, established infrastructure and industry leadership, we look forward to accelerating our growth and taking our business to the next level," said David Bremer, Co-Market Leader for Colliers | Austin.

"This acquisition marks the natural next step for us, providing greater access to the broader Colliers platform to expand our capabilities in this growing market," said Volney Campbell, Founding Principal and Co-Market Leader for Colliers | Austin.

About Colliers International

Colliers International (NASDAQ, TSX: CIGI) is a leading global real estate services and investment management company. With operations in 68 countries, our 14,000 enterprising people work collaboratively to provide expert advice and services to maximize the value of property for real estate occupiers, owners and investors. For more than 20 years, our experienced leadership team, owning approximately 40% of our equity, have delivered industry-leading investment returns for shareholders. In 2018, corporate revenues were $2.8 billion ($3.3 billion including affiliates), with more than $26 billion of assets under management. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.

GLOBAL CONTACT:
John B. Friedrichsen
Chief Financial Officer
416 960 9500

U.S. CONTACT:
Steve Everbach
President, Central Region | U.S.
Brokerage (214) 692-1100
 


These press releases may also interest you

at 21:00
OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, today published a report titled 'Unlocking the Infinite Potential of Crypto and AI.' The report explores the convergence of AI and crypto, a major trend in...

at 20:50
Pharma (1167.HK), a clinical-stage oncology company drugging the undruggable targets, today announced its 2023 annual results. The revenue was RMB63.5 million, the R&D investment was RMB372 million, the cash and cash equivalent at the end of 2023 was...

at 20:45
The "Austria Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q1 2024 Update" report has been added...

at 20:40
Osisko Development Corp. ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023"). Q4 2023 HIGHLIGHTS Operating, Financial and Corporate Updates: 2,090...

at 20:39
TSX VENTURE COMPANIES BULLETIN V2024-0926 VALLEYVIEW RESOURCES LTD. ("VVR")BULLETIN TYPE:  Resume TradingBULLETIN DATE: March 28, 2024TSX Venture Tier 2 Company Reference is made to our bulletin dated March 26, 2024 with respect to the listing of the...

at 20:30
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Sonder Holdings Inc. resulting from allegations that Sonder may have issued materially misleading business...



News published on and distributed by: