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Colliers lists on two stock exchanges

The new Colliers International Group has listed on the Nasdaq and Toronto Stock Exchanges.

Sally Lindsay
Fri, 12 Jun 2015

Global real estate agency Colliers International is separating from its US-based parent First Service Corporation to become a publicly listed company in its own right. 

The new Colliers International Group has listed on the Nasdaq and Toronto Stock Exchanges. Colliers International is one of the top performing full service real estate agencies in the New Zealand market, with 20% growth and $85 million turnover last year generated by 400 staff in 13 offices across the country.

Worldwide, the company has more than 16,000 staff operating from 502 offices in 67 countries. The largest shareholder in Colliers and executive chairman Jay Hennick says the move gives the company more flexibility to chase a broader range of opportunities, including acquisitions and services diversification. 

“The company will also now have a focused capital structure with significant inside ownership, making it a powerful ‘pure play’ in global commercial real estate services.”

Sally Lindsay
Fri, 12 Jun 2015
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Colliers lists on two stock exchanges
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