Colliers International Group Inc is a publicly listed company involved in real estate services and assets under management, with its headquarters in Toronto, Canada.
The company says its name originated in Australia in 1976, where Colliers International was formed following a merger of three property services firms. The real estate services firm later expanded to Canada, the United States, Europe, Asia and LATAM.
On June 2, 2015, Colliers was listed on NASDAQ and the Toronto Stock Exchange (TSX) as a result of a spin-off transaction with FirstService Corporation.
The company operates through 522 offices in around 60 countries across the globe.
Colliers provides expertise in real estate services like acquisition or disposition of a property, representing the landlord to attract the best potential buyers and managing the projects starting right from designing to managing the entire project in different industries.
The company also undertakes optimization of the value of the property. In addition, it also manages the property by meeting the changes required and lowering the tenant retention rates.
Colliers claims to provide services to maximize returns and diversify or lower the risks by investing the money in capital markets.
It also helps in the valuation of assets and arranging debt financing through mortgages or other sources to acquire the asset and meet their unique needs.
The company also assists in commercial and personal insurance.
The Toronto-based company claims to provide real-time delivery of information that helps the clients to make informed decisions.
The company acts as an investment bank and broker-dealer of the registered securities through Colliers Securities. Colliers Securities was formed through the acquisition of controlling interest in Dougherty & Company LLC in 2020.
The company acquired a controlling interest in Maser Consulting P.A., a US-based engineering design service firms, in July 2020.
With this acquisition, the investment firm will enter the engineering design services sector and operate under a new division, 'Colliers Engineering Services'.
The company provides various services, including leasing and selling different properties, asset valuation and consulting.
In February 2021, Colliers was reportedly among the top three real estate companies in a survey led by The Lipsey Company.