Colliers International Expands in Denmark
(Thomson Reuters ONE) -
Acquires market-leading Colliers Denmark affiliate to strengthen global platform
TORONTO, Jan. 12, 2017 (GLOBE NEWSWIRE) -- Leading global commercial real estate
services firm Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI)
announced today that it has acquired a controlling interest in Colliers
International Denmark ("Colliers Denmark"). Senior management of Colliers
Denmark will retain the balance of the equity under Colliers International's
unique enterprise partnership model. The acquisition of Colliers Denmark further
strengthens Colliers International's operations in Europe and provides a strong
platform for future growth in the important Nordic region. The terms of the
transactions were not disclosed.
Colliers Denmark employs approximately 100 real estate professionals in five
offices across Denmark providing investment sales, lease brokerage, valuation
and corporate services to local, regional, national and international clients in
key markets throughout the region.
"Denmark is a strong and established market in Europe and represents an
attractive growth opportunity for Colliers," said Chris McLernon, Colliers
International CEO | EMEA. "Having a market-leading position in Denmark is
another step in our strategy to grow in this region and will allow us to expand
our operations throughout the Nordics, reinforcing our ability to serve clients
wherever they do business."
"Having been affiliated with Colliers International for many years, this
partnership is the natural next step for us, enabling us to expand our service
offerings and further drive our growth in Denmark and the Nordic region," said
Jeppe Schoenfeld, CEO of Colliers Denmark. "Our senior management team is
committed to a long future with Colliers and looking forward to capitalizing on
global mandates, while delivering high quality real estate services to our
clients seamlessly, anywhere in the world. All of us at Colliers Denmark are
extremely excited about our new partnership and the opportunity to grow together
in the years to come."
"Over the years, Colliers International has grown by partnering with outstanding
professionals like the team in Denmark, who have a strong passion for their
business, a desire to continue growing, and a real focus on creating value by
accelerating the success of their clients," said Jay S. Hennick, Chairman & CEO
of Colliers International. "This addition is the latest in a series of strategic
acquisitions that we have completed in Europe, where we continue to invest in
our operations to elevate the Colliers International brand and platform as the
global firm of choice for successful organizations and professionals who thrive
within an enterprising culture," he concluded.
About Colliers International
Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) is an industry
leading global real estate services company with more than 16,000 skilled
professionals operating in 66 countries. With an enterprising culture and
significant employee ownership, Colliers professionals provide a full range of
services to real estate occupiers, owners and investors worldwide. Services
include strategic advice and execution for property sales, leasing and finance;
global corporate solutions; property, facility and project management; workplace
solutions; appraisal, valuation and tax consulting; customized research; and
thought leadership consulting.
Colliers professionals think differently, share great ideas and offer thoughtful
and innovative advice that help clients accelerate their success. Colliers has
been ranked among the top 100 outsourcing firms by the International Association
of Outsourcing Professionals' Global Outsourcing for 11 consecutive years, more
than any other real estate services firm.
For the latest news from Colliers, visit Colliers.com or follow us on Twitter:
(at)Colliers and LinkedIn.
Advisory Regarding Forward-Looking Information
Certain information included in this news release is forward-looking, within the
meaning of applicable securities laws. Much of this information can be
identified by words such as "believe", "expects", "expected", "will", "intends",
"projects", "anticipates", "estimates", "continues" or similar expressions
suggesting future outcomes or events. Colliers believes the expectations
reflected in such forward-looking statements are reasonable but no assurance can
be given that these expectations will prove to be correct and such forward-
looking statements should not be unduly relied upon.
Forward-looking statements are based on current information and expectations
that involve a number of risks and uncertainties, which could cause actual
results or events to differ materially from those anticipated. These risks
include, but are not limited to, risks associated with: (i) general economic and
business conditions, which will, among other things, impact demand for Colliers'
services and the cost of providing services; (ii) the ability of Colliers to
implement its business strategy, including Colliers' ability to identify and
acquire suitable acquisition candidates on acceptable terms and successfully
integrate newly acquired businesses with its existing businesses; (iii) changes
in or the failure to comply with government regulations; and (iv) such factors
as are identified in the Annual Information Form of Colliers for the year ended
December 31, 2015 under the heading "Risk Factors" (which factors are adopted
herein and a copy of which can be obtained at www.sedar.com). Forward looking
statements contained in this news release are made as of the date hereof and are
subject to change. All forward-looking statements in this news release are
qualified by these cautionary statements. Except as required by applicable law,
Colliers undertakes no obligation to publicly update or revise any forward-
looking statement, whether as a result of new information, future events or
otherwise.
GLOBAL CONTACT:
John B. Friedrichsen
Chief Financial Officer
(416) 960-9500
EMEA CONTACT:
Chris McLernon
CEO, Colliers International EMEA
44 20 7487 1651
DENMARK CONTACT:
Jeppe Schoenfeld
CEO, Colliers International Denmark
45 40 26 34 27
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Colliers International Group Inc. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 12.01.2017 - 13:00 Uhr
Sprache: Deutsch
News-ID 517296
Anzahl Zeichen: 7540
contact information:
Town:
Seattle, WA
Kategorie:
Business News
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"Colliers International Expands in Denmark"
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