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Colliers International Group Inc. Subordinate Voting Shares - CIGI STOCK NEWS

Welcome to our dedicated page for Colliers International Group Subordinate Voting Shares news (Ticker: CIGI), a resource for investors and traders seeking the latest updates and insights on Colliers International Group Subordinate Voting Shares stock.

Colliers International Group Inc. (CIGI) is a diversified professional services and investment management company headquartered in Canada. With a global presence in more than 400 offices across 65 countries, Colliers employs approximately 18,000 individuals dedicated to delivering comprehensive real estate services and investment management to corporate and institutional clients.

The company's primary service lines include Outsourcing & Advisory, Investment Management, Leasing, and Capital Markets. Colliers operates through four distinct segments: Americas; Europe, Middle East, and Africa (EMEA); Asia and Australasia; and Investment Management. This operational structure allows Colliers to leverage regional expertise while maintaining a cohesive global strategy.

Recent achievements highlight Colliers' commitment to growth and market leadership. Notably, Sankey Prasad has expanded his leadership role to become Chairman and Managing Director for both India and the Middle East, further strengthening Colliers' presence in these key regions. Under Prasad's leadership, Colliers has diversified into new markets, developed cutting-edge technologies, and achieved significant year-over-year growth.

Financially, Colliers has demonstrated robust revenue growth, particularly in high-value recurring services. The company's annual revenues are approximately $4.3 billion, with $98 billion of assets under management. This financial strength supports Colliers' mission to maximize the potential of property and real assets, accelerating the success of clients, investors, and employees alike.

Colliers is also active in strategic acquisitions to bolster its capabilities and market reach. For example, the acquisition of key U.S. Northeast and Mid-Atlantic regions has enhanced Colliers' service offerings and client relationships in these areas.

Colliers' core values are reflected in its commitment to providing expert real estate and investment advice through a client-focused approach. The company continues to evolve in response to market trends, delivering innovative solutions that meet the diverse needs of clients worldwide.

With a strong leadership team and a clear vision for the future, Colliers remains a formidable player in the global real estate and investment management industry, consistently delivering value and driving growth for its stakeholders.

News

Colliers International Group Inc. Completes US$300 Million Bought Deal Public Offering of Equity

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Colliers International Group Inc. successfully closed a bought deal public offering of 2,479,500 subordinate voting shares, generating gross proceeds of US$300.0 million. The offering was led by a syndicate of underwriters, including BMO Capital Markets and J.P. Morgan. The company granted the underwriters an option to purchase an additional 15% of the offering. The net proceeds will be used to repay credit facility balances, fund potential future acquisitions, and for general corporate purposes.
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Colliers International Group Inc. Announces US$300 Million Bought Deal Public Offering of Equity

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Colliers International Group Inc. (CIGI) announces a bought deal offering of 2,479,500 subordinate voting shares at US$121.00 per share, totaling approximately US$300 million. The underwriters have an option to purchase an additional 15% of the offering. The deal is led by BMO Capital Markets and J.P. Morgan.
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Colliers recognized among best professional services firms by IAOP

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Colliers (CIGI) has been named to the 2024 Global Outsourcing 100® list by IAOP for the 18th consecutive year. The company's deep industry knowledge, global footprint, and comprehensive services have led to exceptional results for clients. The accolade reaffirms Colliers' commitment to delivering innovative solutions in a challenging landscape.
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Colliers Reports Fourth Quarter Results

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Colliers International Group Inc. (CIGI) reported robust revenue growth in high-value recurring services for the fourth quarter and full year of 2023. Revenues for the fourth quarter were $1.24 billion, up 1% compared to the previous year, while adjusted EBITDA was $198.4 million, down 2%. For the full year, revenues were $4.34 billion, down 3%, and adjusted EBITDA was $595.0 million, down 6%. Adjusted EPS for the year was $5.35, a decrease from $6.99 in the prior year. The company attributes the revenue growth to its expansion into recurring revenue streams such as Investment Management and Engineering and Design, which now account for over 70% of its earnings. Colliers anticipates a return to higher transaction velocity in the latter half of 2024 as interest rates and credit conditions stabilize.
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Colliers' Sankey Prasad appointed Chairman and Managing Director for India & CDM for Colliers Project Leaders Middle East

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Colliers (CIGI) appoints Sankey Prasad as the Chairman and Managing Director for India and CMD for the Middle East Engineering business, expanding the company's reach in the real estate market in the Middle East. This move aims to deepen Colliers' capabilities, qualifications, and relationships in India and the Middle East, to better serve clients across the region.
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Colliers to announce fourth quarter and full year results on February 8, 2024

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Colliers International Group Inc. (CIGI) will release its fourth quarter and full year results on February 8, 2024. The conference call to review the results will be hosted by Jay S. Hennick, Chairman & CEO, Chris McLernon, CEO, Real Estate Services, and Christian Mayer, CFO.
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Colliers joins the World Green Building Council’s Net Zero Carbon Buildings Commitment

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Colliers (NASDAQ and TSX: CIGI) signs World Green Building Council's Net Zero Carbon Buildings Commitment, targeting whole life carbon and 100% renewable energy use in own operations. The company aims to halve global building emissions by 2030 and achieve total decarbonization by 2050.
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Colliers declares semi-annual dividend

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Colliers International Group Inc. (CIGI) announces a semi-annual cash dividend of US$0.15 per Common Share, payable on January 12, 2024. The dividend is in accordance with the company's dividend policy and is an 'eligible dividend' for Canadian income tax purposes.
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Challenging conditions to persist, but expectation of clearer rate outlook and tightening bid-ask spreads on the horizon

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Colliers (CIGI) releases 2024 Global Investor Outlook, highlighting industrial & logistics, multifamily, and office as top picks for 2024. Investors are deploying new strategies in each sector, with a focus on ESG-based disposal and acquisition strategies. Challenging market conditions persist, but a clearer rate outlook and tightening bid-ask spreads are expected. Lower investment activity has limited pricing discovery. Investors are seeking stability in policy environments and are capitalizing on sale and leaseback opportunities. Demand for industrial & logistics remains high, with investors forming partnerships to navigate specialized sub-sectors. Multifamily retains appeal due to demographic and economic drivers, while office performance varies across markets. Sustainability-certified offices are expected to command a premium, contributing to the widening value gap between the best and the rest.
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Colliers recognized by Forbes as one of the World’s Top Companies for Women in 2023 

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Colliers (CIGI) recognized by Forbes as one of the world’s top companies for women, highlighting commitment to gender equality and inclusiveness. The prestigious accolade is based on a survey of approximately 70,000 women working for multinational corporations across 37 countries. Colliers is the only global, full-service commercial real estate firm to receive this recognition, reflecting its dedication to supporting women inside and outside the workplace.
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FAQ

What is the current stock price of Colliers International Group Subordinate Voting Shares (CIGI)?

The current stock price of Colliers International Group Subordinate Voting Shares (CIGI) is $136.93 as of December 24, 2024.

What is the market cap of Colliers International Group Subordinate Voting Shares (CIGI)?

The market cap of Colliers International Group Subordinate Voting Shares (CIGI) is approximately 6.9B.

What services does Colliers International Group Inc. provide?

Colliers provides services in Outsourcing & Advisory, Investment Management, Leasing, and Capital Markets to corporate and institutional clients.

Where is Colliers International Group Inc. headquartered?

Colliers is headquartered in Canada.

How many employees does Colliers have?

Colliers employs approximately 18,000 individuals globally.

In how many countries does Colliers operate?

Colliers operates in over 65 countries with more than 400 offices.

What recent leadership changes have occurred at Colliers?

Sankey Prasad has expanded his role to Chairman and Managing Director for both India and the Middle East.

What are some of Colliers' recent achievements?

Under Sankey Prasad's leadership, Colliers has seen diversification into new markets and significant year-over-year growth.

What is Colliers' annual revenue?

Colliers' annual revenues are approximately $4.3 billion.

How does Colliers support its clients?

Colliers provides expert real estate and investment advice through a client-focused approach, leveraging regional expertise and global strategy.

What is the focus of Colliers' investment management?

Colliers focuses on maximizing the potential of property and real assets to accelerate the success of clients and investors.

How is Colliers expanding its market reach?

Colliers is expanding through strategic acquisitions, such as strengthening its presence in the U.S. Northeast and Mid-Atlantic regions.

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Colliers International Group Inc. Subordinate Voting Shares

Nasdaq:CIGI

CIGI Rankings

#1074 Ranked by Market Cap
#2106 Ranked by Dividends

CIGI Stock Data

6.91B
44.63M
11.25%
75.74%
0.88%
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