Thursday 7 September 2017

COLLIERS INTERNATIONAL EXPANDS PROJECT MANAGEMENT IN AUSTRALIA

Acquisition strengthens services to property owners and developers


SYDNEY, Australia, Sept 6 (Bernama-GLOBE NEWSWIRE) -- Leading global commercial real estate firm Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) today announced the acquisition of NixAnderson, an Australian project management firm with extensive experience in corporate property and infrastructure delivery services. Since 1999, NixAnderson has been providing world class project management and planning services across Australia and New Zealand. These services include project management, program management, property acquisition services, workspace consulting, and feasibility studies, to a broad range of industry verticals, including social infrastructure, defence, healthcare, hospitality, retail, and commercial. NixAnderson has over 30 professionals with a combined industry experience of over 200 years. The acquisition more than doubles the number of Colliers project management professionals in the Australia and New Zealand business. The terms of the transaction were not disclosed.

"We are very excited to become part of Colliers International," said Derek Nix and Scott Anderson. "Combining our expertise in corporate property and infrastructure delivery services with the Colliers International platform, both in Australia and globally, enhances our ability to provide industry leading service to existing and new clients. Further, there is an extremely strong alignment with the entrepreneurial spirit that exists throughout Colliers. We are excited to join this world class, growing organization."
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