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Colliers to partner with leading Australian planning and advisory firm

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Colliers (NASDAQ, TSX: CIGI) has announced an agreement to acquire a controlling interest in Ethos Urban, an Australian urban planning and design advisory firm. Founded in 1992, Ethos Urban employs 160 professionals across offices in Sydney, Melbourne, and Brisbane, providing planning, urban design, engagement, and economic & social advisory services.

The transaction is expected to close in the first half of 2025, with Ethos Urban being rebranded as Colliers in the second half. Ethos Urban's senior leadership team will maintain significant shareholding under Colliers' partnership model. The firm's expertise has contributed to Australia's urbanization and development, with services provided to both public and private sector clients.

Colliers (NASDAQ, TSX: CIGI) ha annunciato un accordo per acquisire una partecipazione di controllo in Ethos Urban, una società australiana di consulenza in pianificazione e design urbano. Fondata nel 1992, Ethos Urban impiega 160 professionisti in uffici a Sydney, Melbourne e Brisbane, fornendo servizi di pianificazione, design urbano, coinvolgimento e consulenza economica e sociale.

Si prevede che la transazione si chiuda nella prima metà del 2025, con Ethos Urban che verrà rinominata Colliers nella seconda metà. Il team di leadership senior di Ethos Urban manterrà una significativa partecipazione azionaria nel modello di partnership di Colliers. L'expertise della società ha contribuito all'urbanizzazione e allo sviluppo dell'Australia, fornendo servizi sia a clienti del settore pubblico che privato.

Colliers (NASDAQ, TSX: CIGI) ha anunciado un acuerdo para adquirir una participación de control en Ethos Urban, una firma australiana de asesoría en planificación y diseño urbano. Fundada en 1992, Ethos Urban emplea a 160 profesionales en oficinas en Sídney, Melbourne y Brisbane, ofreciendo servicios de planificación, diseño urbano, participación y asesoría económica y social.

Se espera que la transacción se cierre en la primera mitad de 2025, con Ethos Urban siendo renombrada como Colliers en la segunda mitad. El equipo de liderazgo senior de Ethos Urban mantendrá una participación significativa bajo el modelo de asociación de Colliers. La experiencia de la firma ha contribuido a la urbanización y desarrollo de Australia, proporcionando servicios tanto a clientes del sector público como privado.

콜리어스 (NASDAQ, TSX: CIGI)는 호주 도시 계획 및 디자인 자문 회사인 에토스 어반의 지배 지분을 인수하기 위한 계약을 발표했습니다. 1992년에 설립된 에토스 어반은 시드니, 멜버른, 브리즈번에 사무소를 두고 160명의 전문가를 고용하여 계획, 도시 디자인, 참여 및 경제 및 사회 자문 서비스를 제공합니다.

이번 거래는 2025년 상반기에 완료될 것으로 예상되며, 에토스 어반은 하반기에 콜리어스로 브랜드 변경됩니다. 에토스 어반의 고위 경영진 팀은 콜리어스의 파트너십 모델 하에 상당한 지분을 유지할 것입니다. 이 회사의 전문성은 호주의 도시화 및 개발에 기여했으며, 공공 및 민간 부문 고객 모두에게 서비스를 제공했습니다.

Colliers (NASDAQ, TSX: CIGI) a annoncé un accord pour acquérir une participation majoritaire dans Ethos Urban, une société australienne de conseil en urbanisme et design. Fondée en 1992, Ethos Urban emploie 160 professionnels dans des bureaux à Sydney, Melbourne et Brisbane, fournissant des services de planification, de design urbain, d'engagement ainsi que des conseils économiques et sociaux.

La transaction devrait être finalisée au cours de la première moitié de 2025, Ethos Urban étant rebaptisé Colliers dans la seconde moitié. L'équipe de direction senior d'Ethos Urban conservera une participation significative dans le modèle de partenariat de Colliers. L'expertise de la société a contribué à l'urbanisation et au développement de l'Australie, avec des services fournis à des clients des secteurs public et privé.

Colliers (NASDAQ, TSX: CIGI) hat eine Vereinbarung zur Übernahme einer Mehrheitsbeteiligung an Ethos Urban, einer australischen Firma für Stadtplanung und Designberatung, bekannt gegeben. Gegründet im Jahr 1992, beschäftigt Ethos Urban 160 Fachkräfte in Büros in Sydney, Melbourne und Brisbane und bietet Dienstleistungen in den Bereichen Planung, Stadtgestaltung, Beteiligung sowie wirtschaftliche und soziale Beratung an.

Die Transaktion wird voraussichtlich in der ersten Hälfte des Jahres 2025 abgeschlossen, wobei Ethos Urban in der zweiten Hälfte in Colliers umbenannt wird. Das Führungsteam von Ethos Urban wird unter dem Partnerschaftsmodell von Colliers eine bedeutende Beteiligung halten. Die Expertise des Unternehmens hat zur Urbanisierung und Entwicklung Australiens beigetragen, wobei sowohl öffentliche als auch private Kunden bedient werden.

Positive
  • Acquisition expands Colliers' service capabilities in urban planning and design advisory
  • Adds 160 professionals across three major Australian cities
  • Retention of senior leadership team ensures business continuity
  • Opportunity for cross-selling services to combined client base
Negative
  • None.

Insights

This strategic acquisition marks a significant enhancement of Colliers' professional services portfolio in Australia, particularly strengthening their position in the high-margin urban planning and advisory segment. The integration of Ethos Urban's 160 professionals across Sydney, Melbourne, and Brisbane provides Colliers with immediate scale in specialized advisory services that complement their existing real estate operations.

The transaction structure follows Colliers' proven partnership model, where senior leadership maintains significant ownership stakes. This approach has historically demonstrated success in retaining key talent and maintaining client relationships, while providing strong incentives for continued growth. The retention of Ethos Urban's leadership team is particularly important given the relationship-driven nature of advisory services.

From a strategic perspective, this acquisition positions Colliers to capitalize on Australia's accelerating urbanization trends. The country's major cities are undergoing significant transformation, driven by population growth and infrastructure development, creating sustained demand for urban planning and advisory services. This creates a stable, recurring revenue stream that's less cyclical than traditional real estate services.

The cross-selling opportunities are substantial. Ethos Urban's existing client relationships in both public and private sectors can be leveraged to expand Colliers' core service offerings. Conversely, Colliers' extensive client base can benefit from Ethos Urban's specialized planning and advisory capabilities, creating a powerful synergistic effect.

While financial terms weren't disclosed, the acquisition's structure suggests a focus on long-term value creation rather than immediate financial impact. The planned rebranding to Colliers in the second half of 2025 indicates a methodical integration approach, minimizing operational disruption while maximizing potential synergies.

Addition strengthens existing urban design and strategic advisory capabilities

TORONTO and SYDNEY, Feb. 17, 2025 (GLOBE NEWSWIRE) -- Leading diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that it has entered into an agreement to acquire a controlling interest in Ethos Urban Pty Limited (“Ethos Urban”), an award-winning urban planning and design advisory firm in Australia. Ethos Urban’s senior leadership team will remain significant shareholders in the business under Colliers’ unique partnership model. The transaction is subject to customary closing conditions and is expected to close in the first half of 2025. The business will be rebranded as Colliers in the second half of 2025. Terms of the transaction were not disclosed.

Founded in 1992, Ethos Urban employs 160 professionals across its three offices in Sydney, Melbourne, and Brisbane, providing planning, urban design, engagement and economic & social advisory services for public and private sector clients.

“Ethos Urban’s long and impressive track record of successful projects, together with its entrepreneurial culture and significant ongoing ownership in the business, makes it a perfect fit for Colliers”, said John Kenny, CEO Colliers | Asia Pacific. “Their talented professionals provide a highly valued service that has accelerated Australia’s urbanization and development over many years. We are excited to welcome them as partners and work collaboratively to expand their operations in existing and new markets.”

“Ethos Urban is the latest in several successful acquisitions that Colliers has made in the region,” said Chris McLernon, Chief Executive Officer of Real Estate Services | Global at Colliers. “We see tremendous potential with this partnership and expect to leverage our brand, established reputation, and deep connections in the Australian real estate and infrastructure market to grow the business and cross-sell services to our combined client base.”

“Joining an entrepreneurial organization like Colliers was a natural progression for our firm,” said Mark Stefanac, Chief Executive Officer of Ethos Urban. “This partnership enables us to further capitalize on Australia's urbanization, while providing our professionals with the resources, opportunities, and relationships they need to continue to deliver exceptional outcomes for our clients nationwide.”

Colliers Contact
John Kenny
Chief Executive Officer | Asia Pacific
+61 2 9257 0222

Ethos Urban Contact
Mark Stefanac
Chief Executive Officer
+61 2 9956 9662

About Colliers

Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering, and Investment Management – we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately 20% compound annual returns for shareholders, fuelled by visionary leadership, significant inside ownership and substantial recurring earnings. With annual revenues exceeding $4.8 billion, a team of 23,000 professionals, and $99 billion in assets under management, Colliers remains committed to accelerating the success of our clients, investors, and people worldwide. Learn more at corporate.colliers.com, X @Colliers or LinkedIn.


FAQ

When will Colliers (CIGI) complete the acquisition of Ethos Urban?

The acquisition is expected to close in the first half of 2025, with rebranding to Colliers planned for the second half of 2025.

How many employees will Colliers (CIGI) gain from the Ethos Urban acquisition?

Colliers will gain 160 professionals from Ethos Urban across offices in Sydney, Melbourne, and Brisbane.

Will Ethos Urban's leadership team remain after Colliers (CIGI) acquisition?

Yes, Ethos Urban's senior leadership team will remain as significant shareholders under Colliers' partnership model.

What services does Ethos Urban bring to Colliers (CIGI)?

Ethos Urban brings planning, urban design, engagement, and economic & social advisory services for public and private sector clients.

When will Ethos Urban be rebranded under Colliers (CIGI)?

Ethos Urban will be rebranded as Colliers in the second half of 2025.

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