||This article appears to be written like an advertisement. (March 2012)|
|Headquarters||Seattle, Washington, USA|
|Products||Corporate Solutions; Brokerage Services; Asset and Property Management|
Colliers International provides a range of services to commercial real estate users, owners, investors and developers worldwide. Primary services include consulting, corporate solutions, investment services, landlord and tenant representation, project management, property and asset management and valuation and advisory services. The organization serves the hotel, industrial, mixed-use, office, retail and residential property sectors.
Colliers International began in 1969 with the launch of Colliers International in Australia. In 1985, US and Canadian firms joined Colliers international, and by 1986, its Asia-Pacific operations had reached 20 markets. In 1990, Colliers began to enter markets in central Europe and Latin America.In 1991 Jardine Matheson purchased 50% of the Asia Pacific business thereby being branded Colliers Jardine. In 1997 Colliers Macaulay Nicolls acquired 50% of the Asia pacific business by acquiring the shares of the original Australian shareholders.
In 2004, Colliers' parent company, FirstService Corporation, invested in Colliers Macaulay Nicolls, the predecessor of FirstService REA and the largest member of Colliers International. FirstService REA subsequently invested in several North American-based firms whose operations focused on various commercial real estate service specialties. Among these investments were:
- PGP Valuation Inc.: A commercial and industrial real estate appraisal firm with 250 associates worldwide, PGP Valuation conducts market studies, consulting assignments, appraisal reviews and feasibility analyses.
- PKF Hotel and Hospitality Consulting: PKR is an association of independent firms in hospitality consulting, with 15,000 specialized hotel experts, auditors and tax consultants worldwide. This investment (PKF Consulting USA) was later sold to CBRE Group in July 2014.
- MHPM Project Leaders: In 2007, Colliers Macaulay Nicolls, an affiliate in the Colliers International network (and predecessor to FirstService REA), acquired a majority interest in Canada's largest project management firm, MHPM Project Managers.
Recent geographically-based investments include:
- London (October 2009): Colliers International made a major investment in Colliers CRE, a London-based real estate services enterprise with offices in the UK, Ireland and Spain. Colliers CRE subsequently rebranded as Colliers UK.
- New York: New York-based FirstService Williams, formerly known as GVA Williams, adopted the brand of Colliers International and today functions as the entity's "tri-state" hub (New York, New Jersey and Connecticut). The office consists of more than 300 brokers.
- Chicago (April 2010): Colliers International completed a significant investment in one of Chicago's largest commercial real estate services firms, Colliers Bennett & Kahnweiler (Colliers B&K), which now serves as the enterprise's Midwestern regional hub and operates as Colliers International.
Recent expansions include:
- Cincinnati, Ohio (April 2010): Colliers International added one of Cincinnati's largest commercial real estate firms, West Shell Commercial.
- Nashville, Tennessee (April 2010): The Nashville commercial real estate brokerage firm known as NAI Nashville assumed the Colliers International name.
- Columbus, Ohio (May 2010): Commercial real estate firm Adena Commercial ended its ten-year relationship with Grubb & Ellis to affiliate with Colliers International, effective May 1, 2010.
- Grand Rapids, Michigan (May 2010): Grubb & Ellis Paramount Commerce, one of West Michigan's largest commercial real estate brokerages, changes its affiliation to Colliers International effective May 1.
- Long Island, New York (June 2010): Colliers International added Sutton & Edwards, based in Lake Success and Ronkonkama. Founded in 1962, the firm provides office, industrial, retail, land, medical office and investment property brokerage services.
In April 2010, Colliers International and FirstService Real Estate Advisors combined their operations and global real estate services platforms, and began operation under the unified brand of Colliers International.
According to CoStar, Colliers International utilizes a "partnership model...- an entrepreneurial, locally-grounded company combined with the strength, reach, accountability and versatility of a global firm". FirstService REA, formed by property services firm FirstService Corp. in 2005 after buying Collier International's largest affiliate, now owns about 70% of Colliers International globally, and retains worldwide rights to the Colliers International name. The remainder of equity in Colliers is retained by local market partners." 
Rankings and Honors
According to the April 2010 issue of National Real Estate Investor (NREI), Colliers International ranked second in the magazine's annual ranking of the top twenty-five brokerages in the global real estate industry. The ranking is based on the combined dollar value of leasing transactions and investment sales globally in 2009, which totaled $53.8 billion for Colliers International.
The NREI survey also found that Colliers International had posted an increase of more than 28 percent over its 2008 ranking, when it conducted leasing transactions and investment sales volume totaling $42 billion and ranked fifth.
In March 2010, the annual Lipsey Survey of the top 25 brands in the commercial real estate industry worldwide ranked Colliers International in the #2 position. The firm had held the third-place position in the Lipsey Survey since 2004, after rising from sixth place in 2002 to fourth in 2003.
In 2010, Colliers International was included in the Global Outsourcing 100 list by the International Association of Outsourcing Professionals (IAOP) for the fifth consecutive year.
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- "The acquisition of PKF Consulting USA, LLC, a leading advisory, consulting and research firm specializing in the lodging industry, significantly strengthens CBRE's objective of becoming the top global intermediary in hospitality services." Hospitality Net. July 17, 2014.
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- "International Association of Outsourcing Professionals Names Colliers International to 2010 Global Outsourcing 100 List for the 5th Consecutive Year." Coy Davidson. February 18, 2010.