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

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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.

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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 (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 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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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 (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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Colliers (CIGI) Appoints Achim Degen as CEO of Germany, Replacing Matthias Leube
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Colliers International Group Inc. announces Q3 2023 financial results with revenues of $1.06 billion, down 5% compared to the previous year. Adjusted EBITDA was $144.9 million, flat compared to the previous year. Adjusted EPS was $1.19, impacted by higher interest expense. GAAP operating earnings were $70.9 million, down from $84.0 million in the previous year. GAAP diluted net earnings per share were $0.53, compared to $0.27 in the previous year.
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Colliers named on Forbes 2023 list of World's Best Employers, ranking among top 10 professional services companies. The only global, full-service commercial real estate firm to receive this accolade. Forbes list based on survey of 170,000 workers from 55 countries.
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Colliers International Group Inc. to release Q3 2023 results on November 2, 2023
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Europe's Renovation Wave report by Colliers explores the accelerated asset renovation driven by regulatory and societal pressures. Retrofitting for net-zero carbon can lead to a 10% value uplift. However, uncertainties remain regarding funding and financing for upgrades. 45% of investors plan to dispose of up to 20% of their non-ESG compliant portfolio. ESG regulations continue to tighten, impacting the real estate market.
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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 $145.73 as of November 22, 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 7.3B.

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.

Colliers International Group Inc. Subordinate Voting Shares

Nasdaq:CIGI

CIGI Rankings

CIGI Stock Data

7.26B
43.19M
11.27%
75.82%
0.83%
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