Colliers International Group Expands in Japan
(Thomson Reuters ONE) -
Commencement of Company Owned Operations to Strengthen Asia Business
TORONTO, Sept. 05, 2017 (GLOBE NEWSWIRE) -- Leading global commercial real
estate services firm Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI)
announced today that it has commenced company-owned operations in Japan, the
world's third largest economy, to accelerate growth and leverage its existing
brand presence. This strategic move strengthens Colliers International's
operations in Asia and provides a strong platform for future growth in Japan.
Colliers International Japan ("Colliers Japan") will be based in Tokyo.
Colliers Japan fields multiple teams with specializations in Tenant
Representation, Corporate Solutions, Project Management, Capital Markets &
Investment Services and Valuation & Advisory Services to serve the needs of
local, regional and global clients.
Managing Director Katsuji Tokita and Executive Director Hazumu Iwase, who
together have more than five decades of commercial real estate experience, will
lead Colliers Japan.
"Japan is a strong, highly-advanced, and growing market that represents an
attractive growth opportunity for our business," said David Hand, Colliers Chief
Executive Officer, Asia Pacific. "With decades of experience, Katsuji and Hazumu
will provide an unparalleled level of market knowledge to support our clients'
objectives and position Colliers for continued growth in Asia Pacific."
"We have each been part of the Colliers organization for more than two decades
and share its commitment to service excellence," said Katsuji Tokita, Managing
Director of Colliers Japan. "With a well-respected global platform and greater
integration of our operations in Japan, we will create substantially more
opportunities for our clients and our people. We are all very excited about this
development and our future within Colliers International."
"Our company is the global firm of choice because our experts have a passion for
business and a real focus on creating value for our clients," said Jay S.
Hennick, Chairman & CEO of Colliers International. "This addition is an
important step toward achieving our ambitious five-year plan to double the size
of our company by 2020."
About Colliers International
Colliers International Group Inc. (NASDAQ and TSX: CIGI) is an industry leading
global real estate services company with 15,000 skilled professionals operating
in 68 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 helps clients accelerate their success. Colliers has
been ranked among the top 100 global outsourcing firms by the International
Association of Outsourcing Professionals for 12 consecutive years, more than any
other real estate services firm. Colliers also has been ranked the top property
manager in the world by Commercial Property Executive for two years in a row.
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, 2016 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.
COLLIERS CONTACTS:
John Friedrichsen
Chief Financial Officer | Global
(416) 960-9500
David Hand
Chief Executive Officer | Asia Pacific
+852 2822 0691
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: 05.09.2017 - 22:15 Uhr
Sprache: Deutsch
News-ID 558818
Anzahl Zeichen: 6961
contact information:
Town:
Seattle, WA
Kategorie:
Business News
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