Colliers completes acquisition of Triovest

Rhea-AI Summary

Colliers (NASDAQ, TSX: CIGI) has completed its acquisition of Triovest Inc., a prominent Canadian commercial real estate services platform. This strategic acquisition strengthens Colliers' position as Canada's largest commercial real estate services firm. Following the acquisition, Colliers now employs over 3,000 professionals in Canada, manages more than 95 million square feet of commercial real estate, and oversees development projects valued at over $15 billion.

AI-generated analysis. Not financial advice.

Positive

• Strengthens Colliers' position as Canada's largest commercial real estate services firm
• Expands workforce to over 3,000 professionals in Canada
• Adds management of 95+ million square feet of commercial real estate to portfolio
• Increases development project oversight to more than $15 billion in value

Negative

• None.

News Market Reaction – CIGI

+0.73%

1 alert

+0.73% News Effect

On the day this news was published, CIGI gained 0.73%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today it has completed its previously announced acquisition of Triovest Inc. (“Triovest”), a leading Canadian commercial real estate services platform. The acquisition solidifies Colliers’ position as Canada’s largest commercial real estate services firm, employing more than 3,000 professionals, managing more than 95 million square feet of commercial real estate, and overseeing more than $15 billion in projects under development.

Colliers Contacts
Brian Rosen
President & Chief Executive Officer | Canada
+1 416 643 3787

Christian Mayer
Chief Financial Officer | Global
+1 416 960 9176

About Colliers
Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering, and Investment Management – we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately 20% compound annual returns for shareholders, fueled by visionary leadership, significant inside ownership and substantial recurring earnings. With nearly $5.0 billion in annual revenues, a team of 23,000 professionals, and more than $100 billion in assets under management, Colliers remains committed to accelerating the success of our clients, investors, and people worldwide. Learn more at corporate.colliers.com, X @Colliers or LinkedIn.

FAQ

What is the significance of Colliers' acquisition of Triovest?

The acquisition establishes Colliers as Canada's largest commercial real estate services firm, expanding their portfolio to manage over 95 million square feet of commercial real estate and $15 billion in development projects.

How many employees does Colliers have in Canada after acquiring Triovest?

Following the Triovest acquisition, Colliers employs more than 3,000 professionals in Canada.

What is the total square footage of commercial real estate managed by Colliers after the Triovest acquisition?

After acquiring Triovest, Colliers manages more than 95 million square feet of commercial real estate in Canada.

What is the value of development projects overseen by Colliers following the Triovest deal?

Following the Triovest acquisition, Colliers oversees more than $15 billion in projects under development.

When did Colliers (CIGI) complete the acquisition of Triovest?

Colliers completed the acquisition of Triovest on June 5, 2025.