Welcome to our dedicated page for Colliers Intl Group news (Ticker: CIGI), a resource for investors and traders seeking the latest updates and insights on Colliers Intl Group stock.
Colliers International Group Inc. (CIGI) is a global diversified professional services and investment management company listed on NASDAQ and the Toronto Stock Exchange. This news page aggregates company-issued announcements and other coverage related to its activities across Real Estate Services, Engineering and Investment Management.
Readers can expect updates on Colliers’ quarterly and annual financial results, including press releases furnished on Form 6-K and associated conference calls. These communications often discuss segment performance in Real Estate Services, Engineering and Investment Management, revenue trends, recurring earnings, and commentary from senior leadership on business conditions and outlook.
The news flow for Colliers also features corporate actions and strategic developments. Examples include announcements of acquisitions such as Greenhill Engineers Pty Ltd by Colliers Engineering & Design Australia, the rebranding of its investment management division to Harrison Street Asset Management, and partnerships like the multi-year technology transformation initiative with Google Cloud to support analytics and AI-driven tools.
In addition, Colliers’ news highlights industry recognition and research. The company has reported being named the World’s Best Real Estate Adviser by Euromoney’s Global Real Estate Awards and has released its own 2026 Global Investor Outlook, which summarizes investor sentiment and capital flows in global real estate markets based on Colliers’ proprietary research.
Investors and observers who follow CIGI news can use this page to monitor dividend declarations on Subordinate and Multiple Voting Shares, leadership appointments, technology initiatives, and developments within the Harrison Street Asset Management platform. Regular visits help track how Colliers’ three platforms evolve, how it expands geographically, and how management describes the company’s strategy and market environment over time.
Colliers has been recognized as one of the top three global brands in commercial real estate by The Lipsey Company for the sixth consecutive year. This acknowledgment highlights the company's strong global brand, platform, and leadership. The ranking is based on a comprehensive survey involving voting, focus groups, and interviews conducted by The Lipsey Company, a leader in commercial real estate training and consulting. Colliers operates in 65 countries with 18,000 professionals, generating annual revenues of $4.5 billion and managing $98 billion in assets. The company emphasizes its commitment to building relationships and accelerating success for clients and investors.
Colliers has been recognized by the International Association of Outsourcing Professionals in the 2023 Global Outsourcing 100 list for the 17th consecutive year, solidifying its position in the Leader category. This acknowledgment underscores Colliers’ commitment to delivering outstanding results amid ongoing challenges in the outsourcing sector. The evaluation was based on a thorough scoring methodology, including insights from an independent panel of experts. With operations in 65 countries and annual revenues of $4.5 billion, Colliers continues to maximize asset potential, supporting its clients and investors effectively.
Colliers International Group (CIGI) reported strong full-year performance driven by high-value recurring revenues. For Q4 2022, revenues reached $1.22 billion, a 9% decline from Q4 2021, while adjusted EBITDA increased by 6% to $202.7 million. Adjusted EPS rose by 3% to $2.31. Despite a GAAP operating earnings drop to $103.8 million, the full year results showed a 9% revenue increase to $4.46 billion, with adjusted EBITDA rising 16% to $630.5 million and adjusted EPS up 13% to $6.99. The company continues to emphasize its diversified business model, reporting that recurring revenues now account for 58% of proforma EBITDA, aiming for 65% by 2025.
Colliers International Group (NASDAQ, TSX: CIGI) will release its financial results for the fourth quarter and full year ended December 31, 2022, on February 9, 2023, at 7:00 AM ET. A conference call hosted by Global Chairman & CEO Jay S. Hennick and CFO Christian Mayer will follow at 11:00 AM ET the same day. Participants must pre-register for the call to receive the dial-in details. Colliers operates in 63 countries and has generated annual revenues of $4.6 billion, managing $92 billion in assets. The company has achieved a compound annual investment return of 20% for shareholders over 27 years.
On January 10, 2023, Colliers (NASDAQ and TSX: CIGI) appointed Luke Dawson as Head of Global Capital Markets, a role where he will shape the strategic agenda for Colliers Capital Markets. Dawson, who has been with Colliers since 2004, will also continue his current responsibilities as Capital Markets leader for EMEA. His leadership aims to enhance client investment strategies through expert advice and access to capital. With 1,500 capital markets professionals globally, Colliers emphasizes its commitment to growth and client service, recently bolstering its capabilities through the acquisition of Pangea.
Colliers (CIGI) anticipates global real estate market stabilization by mid-2023 after a volatile year driven by geopolitical tensions and uneven monetary policy. Although pricing resets are evident in the UK and US, outcomes will vary by sector and region. Investor interest is expected to rise as central banks halt rate hikes, while liquidity and sustainability are shaping opportunities in distressed markets. Key investor challenges include rising interest rates, inflation, and supply chain issues, which are heightening operational costs and impacting investment strategies.
Colliers International Group (CIGI) has declared a semi-annual cash dividend of US$0.15 per Common Share, payable on January 13, 2023. Shareholders of record by December 30, 2022 will receive this dividend, which qualifies as an eligible dividend for Canadian tax purposes. Colliers operates in 63 countries and reported annual revenues of US$4.6 billion with US$92 billion in assets under management, demonstrating a strong commitment to shareholder returns.
Colliers (NASDAQ and TSX: CIGI) has announced the acquisition of a majority stake in Belsquare, a prominent Belgian commercial real estate advisor. This move enhances Colliers' presence in the Benelux region, merging Belsquare's operations with Colliers Belgium, which will now operate with over 70 professionals. The acquisition aims to provide a comprehensive suite of services including capital markets advisory and property management. Senior management from Belsquare will lead the new entity while retaining a significant equity stake, aligning with Colliers’ partnership model.
Colliers Acquires Majority Stake in BelSquare
On December 6, 2022, Colliers (NASDAQ: CIGI) announced its acquisition of a majority interest in BelSquare SRL, a Belgium real estate advisory firm. This strategic move combines BelSquare's team with Colliers’ established Belgium operations, creating a combined workforce of 70 professionals. The acquisition is aimed at enhancing service offerings in Agency, Capital Markets, and Occupier Services. Leadership will be under the co-heads from BelSquare, and the integration is expected to significantly boost revenue and market presence.
Colliers Acquires Pangea Property Partners to Strengthen Nordic Operations
On December 2, 2022, Colliers (CIGI) announced the acquisition of Pangea Property Partners, enhancing its service capabilities in Norway and Sweden. The merger results in a Nordic region team of over 550 professionals, including 80 capital markets experts, making Colliers the market leader. Key leaders from both companies will oversee the new structure, with Bård Bjølgerud as CEO of Colliers Nordics. This strategic move aims to leverage Colliers’ global platform for improved service delivery to clients across the region.