Colliers International Group

Colliers International Group, Inc. engages in the provision of commercial real estate services to corporate and institutional clients. The firm primarily offers outsourcing and advisory services, lease brokerage, and sales brokerage. It operates through the following geographical segments: Americas, EMEA, Asia Pacific, and Corporate. The Corporate segment includes the costs of global administrative functions and corporate head office. The company was founded on July 31, 1988 and is headquartered in Toronto, Canada.

Earnings data Q1 2021

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Colliers International Group, Inc. engages in the provision of commercial real estate services to corporate and institutional clients. It offers outsourcing and advisory services, lease brokerage, and sales brokerage. It operates through the following segments: Americas, EMEA, Asia Pacific, Investment Management, and Corporate. The Corporate segment includes the costs of global administrative functions and corporate head office. The company was founded on July 31, 1988, and is headquartered in Toronto, Canada.

TORONTO and SYDNEY, Australia, May 02, 2023 (GLOBE NEWSWIRE) -- Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that Colliers Engineering & Design Australia (“CED”) has acquired Craig & Rhodes Pty Limited (“Craig & Rhodes”), a leading multi-discipline engineering, design and survey firm in New South Wales. The addition will strengthen CED's overall scale and capabilities in fast growing Sydney, Australia's largest market.

Colliers adds top-tier engineering firm

TORONTO, April 28, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") announced today that it has increased the total commitments under its unsecured multi-currency revolving credit facility maturing May 2027 (the “Credit Facility”) by US$250 million, resulting in total borrowing capacity of US$1.75 billion. The cost of borrowing, maturity date, and financial covenants remain unchanged.

Colliers announces $250 million increase to Credit Facility

The consensus price target hints at a 46% upside potential for Colliers International (CIGI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 46.03% Upside in Colliers International (CIGI): Can the Stock Really Move This High?

Colliers International: Favorable 2023 Ebitda Growth Outlook

TORONTO and AUCKLAND, New Zealand, April 12, 2023 (GLOBE NEWSWIRE) -- Global diversified professional services and investment management company Colliers (NASDAQ, TSX: CIGI) announced today it has acquired a controlling interest in Greenstone Group Ltd. (“Greenstone”), a leading project management and property advisory firm in New Zealand.

Colliers acquires New Zealand's leading project manager

TORONTO, April 04, 2023 (GLOBE NEWSWIRE) --  Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") announced today that it has issued a notice of redemption to all holders of its previously issued 4.00% convertible senior subordinated notes due 2025 (the “Convertible Notes”). As at the date hereof, US$230 million of principal amount is outstanding pursuant to the Convertible Notes.

Colliers Issues Notice of Redemption for Convertible Notes

Colliers International (CIGI) witnessed a jump in share price last session on above-average trading volume.

Colliers International (CIGI) Surges 4.2%: Is This an Indication of Further Gains?

CBRE Group

FirstService

Despite reduced credit availability, more expensive debt and a cautious stance amid rising interest rates and inflation, Zacks Real Estate Operations industry stocks like CBRE, FSV and CIGI are in focus as outsourcing of real estate needs, tech investments and other trends gain pace.

3 Real Estate Operations Stocks Poised to Escape Industry Woes

Ranking reflects continued strength of global brand, platform and leadership Ranking reflects continued strength of global brand, platform and leadership

Colliers named one of the top three commercial real estate brands

More evidence came to light in a report published Wednesday by Colliers International Group Inc. demonstrating the U.S. industrial real estate sector was able to withstand the impact of higher interest rates to deliver a strong fourth-quarter performance. Leading the way was data showing the highest annual rental rate growth in the sector's long history.

Warehouse rental rates surged to record in Q4

Recognized among elite service providers for 17th consecutive year Recognized among elite service providers for 17th consecutive year

Colliers named to IAOP's 2023 Global Outsourcing 100

Colliers International Group, Inc. (NASDAQ:CIGI ) Q4 2022 Earnings Conference Call February 9, 2023 11:00 AM ET Company Participants Jay Hennick - Chairman & CEO Christian Mayer - CFO Conference Call Participants Michael Doumet - Scotia Capital Stephen Sheldon - William Blair and Company Stephen MacLeod - BMO Capital Daryl Young - TD Securities Chandni Luthra - Goldman Sachs Frederic Bastien - Raymond James Operator Welcome to the Colliers International Fourth Quarter Investors Conference Call. Today's call is being recorded.

Colliers International Group, Inc. (CIGI) Q4 2022 Earnings Call Transcript

TORONTO, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ and TSX: CIGI) (“Colliers” or the “Company”) today announced that results for the fourth quarter and full year ended December 31, 2022 will be issued by press release on February 9, 2023 at approximately 7:00am ET.

Colliers to announce fourth quarter and full year results on February 9, 2023

Amazon

Prologis

U.S. industrial and logistics leasing activity will decline by 10% to 15% in 2023, though for the 13th consecutive year more industrial square footage will be absorbed than will be vacated, real estate services firm CBRE Group Inc. said Thursday. Industrial vacancy rates, already at historic lows, will increase just slightly next year, CBRE said.

Warehouse leasing forecast to fall as much as 15% in 2023

Velocity and timing of stabilization, repricing and recovery to differ across markets and sectors, creating multiple investment opportunities Velocity and timing of stabilization, repricing and recovery to differ across markets and sectors, creating multiple investment opportunities

The journey so far suggests global real estate market stabilization to take hold mid-2023

Acquisition maximises multi-service offering Acquisition maximises multi-service offering

Colliers announces expansion in Belgium with the acquisition of BelSquare

Acquisition strengthens capabilities in Benelux region Acquisition strengthens capabilities in Benelux region

Colliers expands offering in Belgium

TORONTO, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) has completed its previously announced acquisition of a controlling interest in Pangea Property Partners (“Pangea”), a leading capital markets advisor in Sweden and Norway. Pangea becomes Colliers' new company-owned operation in Norway and will merge with Colliers' existing company-owned operations in Sweden. This transaction firmly positions Colliers as the dominant player in the Nordic region, building on our top-tier operations in Denmark and Finland.

Colliers completes acquisition of Pangea

Regional real estate leader formed to offer full suite of services to investors, owners, and occupiers Regional real estate leader formed to offer full suite of services to investors, owners, and occupiers

Colliers completes Nordic acquisition of Pangea Property Partners

Colliers International Group, Inc. (NASDAQ:CIGI ) Q3 2022 Earnings Conference Call November 1, 2022 11:00 AM ET Company Participants Jay Hennick - Global Chairman & CEO Christian Mayer - CFO Conference Call Participants Chandni Luthra - Goldman Sachs Michael Doumet - Scotiabank Stephen Sheldon - William Blair Stephen MacLeod - BMO Capital Markets Daryl Young - TD Securities Frederic Bastien - Raymond James Operator Good day, and thank you for standing by. Welcome to the Colliers International's Group Third Quarter 2022 Investor Conference Call.

Colliers International Group, Inc. (CIGI) Q3 2022 Earnings Call Transcript

Colliers International (CIGI) delivered earnings and revenue surprises of -16.07% and 2.27%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Colliers International (CIGI) Q3 Earnings Miss Estimates

Cushman & Wakefield plc

The hairline fractures in logistics warehousing transaction activity, which surfaced over the summer, have widened into the fall as the rapid and fierce rise in borrowing costs puts the red-hot segment in what could be called “recalibration” mode. Deals are still getting done.

The great Fed squall cools off white-hot industrial market

TORONTO, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX: CIGI; NASDAQ: CIGI) (“Colliers” or the “Company”) today announced that results for the third quarter ended September 30, 2022 will be issued by press release on November 1, 2022 at approximately 7:00am ET.

Colliers to announce third quarter results on November 1, 2022

TORONTO and PHOENIX, Oct. 12, 2022 (GLOBE NEWSWIRE) -- Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) today announced it will acquire a controlling interest in Arcadia Management Group, Inc. (“Arcadia”), a leading commercial real estate property management firm focused in the Southwest U.S. Arcadia's senior leadership will retain a direct equity stake in the business and continue to drive operations going forward under Colliers' unique partnership model. Arcadia will rebrand as Colliers immediately following closing. Details of the transaction were not disclosed.

Colliers adds further scale to U.S. Property Management business

TORONTO and DENVER, Oct. 12, 2022 (GLOBE NEWSWIRE) -- Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) announced today the completion of its previously announced acquisition of a controlling interest in Versus Capital (“Versus”), a leading U.S. alternative real asset management firm with over $6.0 billion of assets under management. The acquisition of Versus accelerates Colliers' global private wealth distribution capabilities and raises total assets under management to $87 billion.

News for Colliers International Group Stock (CIGI)