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 (NASDAQ and TSX: CIGI) has entered into a partnership agreement with Bergmann, an engineering and design firm, enhancing its Colliers Engineering & Design unit's capabilities and expanding its geographic reach into the Midwest. This collaboration will allow Bergmann's leadership to continue operations while becoming significant shareholders in the combined business. The transaction, expected to close in Q4 2021, aligns with Colliers’ strategy to build scale and strengthen service offerings in the engineering and consulting sector, aiming to capitalize on U.S. infrastructure needs.
Colliers has launched the Harrison Street Canada Alternative Real Estate Fund, achieving its first closing with over CAD$550 million for investments in senior living, student housing, and more. This fund aims to leverage demographic trends in Canada, reflecting similar patterns seen in the U.S. and Europe, where alternative real estate is underdeveloped. The firm plans to introduce innovative investment strategies, supported by partnerships with local developers and operators, enhancing its market presence in Canada.
Colliers (NASDAQ, TSX: CIGI) has appointed Andy Zeng as Managing Director in Guangzhou, effective immediately. Zeng, previously the General Manager for Cultural & Leisure Operations in China, has a strong background in real estate and has secured multiple project wins. His new role focuses on driving business growth through diverse market strategies and enhancing team expertise. Under Zeng’s leadership, Colliers aims to capitalize on opportunities in the economically vibrant Guangdong-Hong Kong-Macau Greater Bay Area.
Colliers International Group (CIGI) reported strong Q2 2021 results, with revenues of $946 million, a 72% increase year-over-year. Adjusted EBITDA reached $136.6 million, up 128%, and adjusted EPS was $1.58, a 126% rise compared to the previous year. However, GAAP operating losses were $385.8 million, influenced by a $471.9 million settlement with its CEO. The company also announced a private placement of Senior Notes to enhance its liquidity, raising its full-year financial outlook based on positive momentum across service lines.
Colliers International Group (CIGI) announced a note purchase agreement to issue US$150 million of 3.02% notes and €125 million of 1.52% notes, both due in 2031. The total issuance of approximately US$300 million will be utilized for general corporate purposes and to reduce borrowings under its revolving credit facility. This financing reinforces Colliers' strong balance sheet, increasing its liquidity to over US$1 billion. The notes rank equally with existing senior unsecured debt and aim to secure long-term financing at favorable rates.
Ramesh Nair has been appointed as the Chief Executive Officer for India and Managing Director of Market Development for Asia at Colliers (NASDAQ: CIGI), effective immediately. Previously with JLL India, he brings extensive industry experience, having led over 12,000 employees. Nair aims to enhance client relationships and expand services beyond India. His leadership is expected to accelerate Colliers' growth in one of the fastest-growing economies, aligning with the company's focus on client success and strategic acquisitions.
Colliers International Group (NASDAQ: CIGI) announced its intention to initiate a normal course issuer bid (NCIB) for up to 3.2 million subordinate voting shares, representing 9.7% of its public float. The NCIB will commence on July 20, 2021, and end no later than July 19, 2022. Purchases may occur through the TSX, alternative Canadian Trading Systems, or Nasdaq, with a daily limit of 13,400 shares. Colliers aims to buy back shares if deemed advantageous for corporate funds. This follows a previous NCIB that expires on July 19, 2021.
Colliers International Group (CIGI) will release its second-quarter results on August 4, 2021, at 7:00 AM ET. The company will host a conference call at 11:00 AM ET on the same day, featuring Jay S. Hennick and Christian Mayer. Interested parties can join by dialing 1-877-402-8911 or 1-707-927-4894 for international calls, using conference ID #4461988. A rebroadcast will be available for 90 days. Colliers operates in 66 countries with annual revenues of $3.0 billion and provides investment management services.
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Colliers (NASDAQ, TSX: CIGI) has entered into a global partnership with Blue Skyre IBE, LLC to enhance its Facilities Management (FM) Advisory services. This collaboration aims to leverage Blue Skyre's expertise and technology to improve clients' FM capabilities and supply chain performance. As part of the partnership, Maureen Ehrenberg, Blue Skyre's Co-Founder and CEO, will advise Colliers' leadership. This move aligns with Colliers' commitment to drive positive impacts in the built environment and support ESG initiatives, further expanding its service offerings in the EMEA region.