Colliers agrees partnership in Switzerland to strengthen European presence  

Rhea-AI Summary

Colliers has partnered with SPGI Zurich AG to strengthen its footprint in Europe. Effective July 10, 2024, this alliance with the Swiss commercial property advisor aims to expand Colliers' EMEA platform. SPGI Zurich, a member of the Intercity Group, has a team of over 25 professionals and offers a comprehensive range of real estate services. The partnership will enhance services for investors and occupiers in Switzerland, covering Zurich, Basel, Lausanne, and Geneva. Notable team members include Robert Hauri, Dr. Martin Greiner, Natalia Ignatova, and Gabriela Brandenberg. This strategic move aligns with Colliers' core values and is expected to increase market share and service capabilities for both companies.

Positive

• Colliers strengthens European presence through partnership with SPGI Zurich AG.
• Colliers' EMEA platform expands to include Zurich, Basel, Lausanne, and Geneva.
• SPGI Zurich brings a team of over 25 professionals with expertise in international and local markets.
• Partnership expected to enhance services and market share for Colliers and SPGI Zurich.

Negative

• None.

Multi-disciplinary team adds depth in major European market 

LONDON and ZURICH, July 10, 2024 (GLOBE NEWSWIRE) -- Colliers, a leading diversified professional services and investment management company, is set to fortify its European presence through a partnership agreement with SPGI Zurich AG. This strategic alignment will see the Switzerland-based commercial property advisor join Colliers' expansive EMEA platform as an affiliate.​ 

SPGI Zurich, a company of the Intercity Group founded in 1954, has over 25 employees in Zurich and Basel. This partnership brings a team of leading professionals with long-standing expertise in international and local markets to Colliers. SPGI Zurich’s services cover all real estate requirements and include capital markets, landlord representation, tenant representation, occupier services, valuation, and consulting, with specialisms in retail, office, and industrial & logistics asset classes.  

Davoud Amel-Azizpour, CEO | Colliers EMEA, said of the partnership: "This strategic expansion not only strengthens Colliers' footprint in central and western Europe but also aligns us with an established and highly reputable team that shares our core values. I am confident that this collaboration will unlock greater opportunities for our clients and our combined EMEA teams."  

The leadership team at SPGI Zurich AG includes:  

• Robert Hauri, Co-Owner & CEO 
• Dr Martin Greiner, Head of Investment Advisory & Deputy CEO 
• Natalia Ignatova, Head of Tenant Representation 
• Gabriela Brandenberg, Head of Offices and Retail 

Robert Hauri, CEO Intercity Group and Co-Owner & CEO SPGI Zurich AG, added: "This partnership will enhance the services we offer to our domestic and international investor and occupier clients in Switzerland. We are excited to leverage Colliers' global reach, established infrastructure, and industry leadership to drive our growth, increase our market share, and enhance our client service capabilities and career opportunities for our team." 

In conjunction with agreeing on this partnership, SPGI Zurich is expanding its presence in Switzerland to include Lausanne and Geneva. When finalised, Colliers’ presence in Switzerland will encompass Zurich, Basel, Lausanne, and Geneva.  

SPGI Zurich AG, which previously held an affiliate agreement with Cushman and Wakefield, will commence its rebranding to Colliers Switzerland following this announcement.  

​​Media Contact​:  
Anna Silkstone 
Head of Content | EMEA 
Anna.silkstone@colliers.com 

_​​About​ Colliers 
​​Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 68 countries, our 19,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 29 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.3 billion and $96 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, X @Colliers or LinkedIn.​

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7b5607c6-6eef-4e4b-9ef3-5f9b82aa4276

FAQ

What is the impact of Colliers' partnership with SPGI Zurich AG on its European presence?

The partnership strengthens Colliers' European presence by expanding its EMEA platform to include Zurich, Basel, Lausanne, and Geneva.

When was the partnership between Colliers and SPGI Zurich AG announced?

The partnership was announced on July 10, 2024.

What services does SPGI Zurich AG provide under the new partnership with Colliers?

SPGI Zurich AG offers a comprehensive range of real estate services, including capital markets, landlord and tenant representation, occupier services, valuation, and consulting.

How will the partnership with SPGI Zurich AG benefit Colliers?

The partnership is expected to enhance Colliers' service capabilities, increase market share, and provide greater opportunities for both clients and EMEA teams.

Which cities in Switzerland will Colliers' presence include after partnering with SPGI Zurich AG?

Colliers' presence will include Zurich, Basel, Lausanne, and Geneva.