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 (CIGI) has successfully acquired a controlling stake in Pangea Property Partners, a prominent capital markets advisor in Sweden and Norway. This strategic transaction aims to enhance Colliers' market dominance in the Nordic region, merging Pangea with existing operations in Sweden. The acquisition strengthens Colliers' footprint in Northern Europe, complementing its established presence in Denmark and Finland. With this move, Colliers is poised to leverage Pangea's expertise to drive growth and client success.
Colliers International Group (CIGI) reported strong third-quarter results for 2022, with revenues of $1.11 billion, up 8% year-over-year. Adjusted EBITDA rose 17% to $145.1 million, and adjusted EPS increased by 11% to $1.41. Year-to-date revenues were $3.24 billion, up 18%, with adjusted EPS at $4.69, up 20%. The company noted solid performances in Outsourcing & Advisory and Investment Management, despite softness in Capital Markets due to geopolitical uncertainties. Recent acquisitions are expected to drive further growth. GAAP EPS was $0.27 compared to $0.40 in the prior year.
Colliers International Group Inc. (CIGI) announced that its third-quarter financial results for the period ending September 30, 2022, will be released on November 1, 2022, at 7:00 am ET. The company will host a conference call to discuss these results at 11:00 am ET, featuring Jay S. Hennick, Global Chairman & CEO, and Christian Mayer, CFO. Participants can pre-register for access to dial-in numbers and a personal PIN. Colliers has a strong track record with annual revenues of $4.5 billion and a 20% annual return for shareholders over 27 years.
Colliers (CIGI) has announced its acquisition of a controlling interest in Arcadia Management Group, a prominent commercial real estate property management firm in the Southwest U.S. Founded in 1986, Arcadia manages over 60 million square feet across 24 states. The partnership will allow Arcadia to leverage Colliers' global capabilities for enhanced client service. This strategic acquisition strengthens Colliers' position as a leading property management firm in a fast-growing market, with annual revenues of $4.5 billion and significant inside ownership driving strong investment returns.
On October 12, 2022, Colliers (NASDAQ and TSX: CIGI) completed its acquisition of a controlling interest in Versus Capital, a U.S. alternative real asset management firm managing over $6 billion in assets. This strategic move strengthens Colliers’ global wealth distribution capabilities, increasing its total assets under management to $87 billion. Colliers operates in 63 countries and employs 17,000 professionals, achieving $4.5 billion in annual revenues and a notable 20% compound annual return for shareholders over 27 years.
On October 3, 2022, Colliers International Group (NASDAQ: CIGI) announced the implementation of an Automatic Share Purchase Plan (ASPP) as part of its Normal Course Issuer Bid (NCIB) for buying back its subordinate voting shares. This plan allows Colliers to make share purchases during blackout periods, adhering to TSX regulations, starting October 3, 2022, and ending on October 28, 2022. The NCIB, which began on July 20, 2022, is set to conclude no later than July 19, 2023. All shares purchased under the ASPP will count towards the NCIB total.
Colliers (CIGI) announces acquisition of Pangea Property Partners. This agreement will enhance Colliers' operations in Sweden and Norway, merging Pangea's expertise in capital markets advisory with Colliers’ existing services. The combined entity will employ over 80 professionals, offering comprehensive services including leasing, sales brokerage, and project management. This acquisition positions Colliers as a dominant player in the Nordic region, building on its existing leadership in Denmark and Finland. The financial terms were not disclosed.
Colliers (NASDAQ and TSX: CIGI) is set to enhance its presence in the EMEA region by acquiring a controlling interest in Pangea Property Partners, a prominent capital markets advisor in Sweden and Norway. This merger aims to strengthen Colliers’ market leadership in the Nordic region, combining over 550 professionals across Denmark, Finland, Norway, and Sweden. With this move, Colliers is positioned to capture more than 27% of market activity, making it a dominant player in capital markets services, debt advisory, and project finance.
Colliers International Group (CIGI) reported strong Q2 2022 results with revenues of $1.13 billion, a 19% increase year-over-year. Adjusted EBITDA rose by 18% to $161.3 million, while adjusted EPS reached $1.84, up 16%. GAAP earnings improved significantly, showing $103.9 million compared to a loss of $385.8 million in Q2 2021, which included a $471.9 million settlement. The Investment Management segment is growing, expected to comprise 30% of annualized adjusted EBITDA, with $85 billion in assets under management. Colliers forecasted over $1 billion in capital deployment for 2022.
Colliers Engineering & Design has announced its acquisition of a controlling interest in PEAKURBAN Pty Limited, a fast-growing Australian engineering firm. This marks Colliers' first international acquisition in the engineering sector, enhancing its service offerings and accelerating growth opportunities in Australia. PEAKURBAN will rebrand to Colliers Engineering & Design and integrate into current operations, with its senior leadership remaining significant shareholders. The transaction's financial details were not disclosed, but it aims to strengthen Colliers' presence in the Asia Pacific market.