Colliers - Report
Colliers portfolio Canadian based diversified and investment management company with estimated 15,000 employees in more than 68 countries.
Product and Services
Real Estate Company
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Colliers is a Canada-based diversified professional services and investment management company with approximately 15,000 employees in more than 400 offices in 68 countries.
The firm provides services to commercial real estate users, owners, investors and developers; they include consulting, corporate facilities, investment services, landlord and tenant representation, project management, urban planning, property and asset management, and valuation and advisory services. The organization serves the hotel, industrial, mixed-use, office, retail and residential property sectors.
The firm has headquarters in Toronto, Ontario. Annual revenues were $4.09 billion in 2021. In June 2015, it was announced that Jay S. Hennick was appointed Chairman and Chief Executive Officer.
Colliers began in Australia in 1976 after Glynn Lynch & McHarg and Jones Lang Wootten & Sons merged under the Colliers name. In 1978, Colliers merged with Hong Kong-based Tony Petty & Associates.
Colliers in 1984 merged with Macaulay Nicolls. The following year, the company merged with American Realty Services Group. In 1992, the company merged with Jardines, a British firm.
During 2004, FirstService Corporation bought a controlling interest in Colliers Macaulay Nicolls, Colliers’ largest member. After gaining controlling interest, Macaulay Nicolls became First Service REA.
FirstService in 2006 purchased a majority stake in PGP Valuation and merged with the appraisal arm of Colliers Macaulay Nicolls. In 2007, FirstService acquired an 80 percent stake in PKF Hotel and Hospitality Consulting and a 60 percent stake in MHPM Project Managers.
FirstService purchased a 65 percent stake in GVA Williams. In 2009, FirstService gained control of Colliers after acquiring large shareholders. In October, Colliers invested in Colliers CRE, a London-based real estate services company.
The merger of Colliers and FirstService was announced. Following the merger in April 2010, Dylan Taylor became president and CEO of Colliers International’s US operations
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