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 International Group (NASDAQ, TSX: CIGI) has been named a top-rated global outsourcing company for the 16th consecutive year by the International Association of Outsourcing Professionals (IAOP). Recognized in the Leader category of the 2022 Global Outsourcing 100, this acknowledgment highlights Colliers’ innovative solutions that assist clients in optimizing supply chains and enhancing real estate experiences amidst challenges posed by the COVID-19 pandemic. The assessment is based on a rigorous scoring methodology that involves an independent review of outsourcing service providers.
Colliers International Group reported impressive fourth quarter results for 2021, with revenues reaching $1.35 billion, a 47% increase year-over-year. Full-year revenues surpassed $4 billion, marking a 47% growth compared to 2020. Adjusted EBITDA for the quarter stood at $192 million, up 24%, while adjusted EPS rose 26% to $2.25. Despite a GAAP operating loss due to a settlement linked to the CEO's Long-Term Incentive Arrangement, Colliers noted strong performance across all services. The company also secured over $6 billion in new capital for its Investment Management segment, enhancing its assets under management to over $50 billion.
Colliers has appointed Poonam Puri to its Board of Directors, enhancing its expertise in corporate governance, strategy, and ESG. Puri, a distinguished law professor and former Ontario Securities Commission commissioner, brings extensive board experience across various sectors. CEO Jay Hennick expressed confidence that her leadership will strengthen the board's capabilities. Puri has received multiple accolades for her governance excellence and looks forward to contributing to Colliers' innovative solutions. The company continues to deliver strong financial performance, with annualized revenues of $3.6 billion.
Colliers (CIGI) announced a strategic investment in Basalt Infrastructure Partners LLP, acquiring 75% ownership. The transaction, valued with over $8.5 billion in assets, is set to close in the second half of 2022, pending customary approvals. This partnership aims to enhance Colliers' investment management platform, focusing on infrastructure equity across utility, transportation, and energy sectors. Post-transaction, Colliers anticipates an annual management fee revenue of $65 to $70 million and adjusted EBITDA of $35 to $40 million, indicating significant future growth potential.
Colliers International Group (CIGI) will release its fourth quarter and full-year financial results for the period ending December 31, 2021, on February 10, 2022, at 7:00 AM ET. The conference call to discuss these results is scheduled for the same day at 11:00 AM ET, hosted by Global Chairman & CEO Jay S. Hennick and CFO Christian Mayer. Participants can join via toll-free or international numbers. The call will also be available for rebroadcast for 60 days.
The company is known for delivering significant investment returns and managing substantial assets globally.
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Colliers International Group (CIGI) has announced a semi-annual cash dividend of US$0.15 per Common Share, up from US$0.05. This dividend will be payable on January 12, 2022, to shareholders on record as of December 31, 2021. The increase is the first since 2016, attributed to significant growth in operating cash flow and resilient earnings, with over 50% coming from recurring sources. Colliers will reevaluate its dividend policy in light of growth and financial factors.
BCS Data Center Operations has been selected by a leading global colocation provider to deliver 24/7 onsite physical security at multiple North American data center sites. This decision stems from an increased focus on enhancing physical security to mitigate risks associated with critical infrastructure assets. BCS will provide a range of services including security-access administration and incident documentation. This contract reflects a growing need among data center owners to scrutinize their physical security measures.
Colliers has launched Colliers SmartFlex, a new technology platform aimed at enhancing its flex office space advisory services. This innovative application provides a comprehensive database of flex space options across 90 global markets and includes a transaction workflow manager for efficient client interactions. The platform is designed to support companies returning to the office post-pandemic, aligning with Colliers' global ESG strategy. Key benefits include real-time market insights, streamlined workflows, and rapid response capabilities.
Colliers International Group (CIGI) reported strong Q3 2021 results, with revenues reaching $1.02 billion, a 48% increase year-over-year. Adjusted EBITDA rose to $123.6 million, up 34%, while adjusted EPS was $1.27, an 18% increase. For the first nine months, revenues grew 46% to $2.74 billion. However, GAAP operating loss was $269.9 million, largely due to a $471.9 million settlement with the CEO. The company aims to double profitability by 2025, supported by significant acquisitions and strong investment management growth.