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Posted On: 01/12/2017 8:43:56 AM
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$CIG news,
Press Release: Colliers International Expands in Denmark
1 hour 42 minutes ago - DJNF
Acquires market-leading Colliers Denmark affiliate to strengthen global
platform
TORONTO, Jan. 12, 2017 (GLOBE NEWSWIRE) -- Leading global commercial
real estate services firm Colliers International Group Inc.
(NASDAQ:CIGI) (TSX:CIGI) announced today that it has acquired a
controlling interest in Colliers International Denmark ("Colliers
Denmark"
. Senior management of Colliers Denmark will retain the balance
of the equity under Colliers International's unique enterprise
partnership model. The acquisition of Colliers Denmark further
strengthens Colliers International's operations in Europe and provides a
strong platform for future growth in the important Nordic region. The
terms of the transactions were not disclosed.
Colliers Denmark employs approximately 100 real estate professionals in
five offices across Denmark providing investment sales, lease brokerage,
valuation and corporate services to local, regional, national and
international clients in key markets throughout the region.
"Denmark is a strong and established market in Europe and represents an
attractive growth opportunity for Colliers," said Chris McLernon,
Colliers International CEO | EMEA. "Having a market-leading position in
Denmark is another step in our strategy to grow in this region and will
allow us to expand our operations throughout the Nordics, reinforcing
our ability to serve clients wherever they do business."
"Having been affiliated with Colliers International for many years, this
partnership is the natural next step for us, enabling us to expand our
service offerings and further drive our growth in Denmark and the Nordic
region," said Jeppe Schoenfeld, CEO of Colliers Denmark. "Our senior
management team is committed to a long future with Colliers and looking
forward to capitalizing on global mandates, while delivering high
quality real estate services to our clients seamlessly, anywhere in the
world. All of us at Colliers Denmark are extremely excited about our new
partnership and the opportunity to grow together in the years to come."
"Over the years, Colliers International has grown by partnering with
outstanding professionals like the team in Denmark, who have a strong
passion for their business, a desire to continue growing, and a real
focus on creating value by accelerating the success of their clients,"
said Jay S. Hennick, Chairman & CEO of Colliers International. "This
addition is the latest in a series of strategic acquisitions that we
have completed in Europe, where we continue to invest in our operations
to elevate the Colliers International brand and platform as the global
firm of choice for successful organizations and professionals who thrive
within an enterprising culture," he concluded.
About Colliers International
Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) is an
industry leading global real estate services company with more than
16,000 skilled professionals operating in 66 countries. With an
enterprising culture and significant employee ownership, Colliers
professionals provide a full range of services to real estate occupiers,
owners and investors worldwide. Services include strategic advice and
execution for property sales, leasing and finance; global corporate
solutions; property, facility and project management; workplace
solutions; appraisal, valuation and tax consulting; customized research;
and thought leadership consulting.
Colliers professionals think differently, share great ideas and offer
thoughtful and innovative advice that help clients accelerate their
success. Colliers has been ranked among the top 100 outsourcing firms by
the International Association of Outsourcing Professionals' Global
Outsourcing for 11 consecutive years, more than any other real estate
services firm.
For the latest news from Colliers, visit Colliers.com
http://www.colliers.com/ or follow us on Twitter
https://twitter.com/Colliers : @Colliers and LinkedIn
https://www.linkedin.com/company/colliers-international .
Advisory Regarding Forward-Looking Information
Certain information included in this news release is forward-looking,
within the meaning of applicable securities laws. Much of this
information can be identified by words such as "believe", "expects",
"expected", "will", "intends", "projects", "anticipates", "estimates",
"continues" or similar expressions suggesting future outcomes or events.
Colliers believes the expectations reflected in such forward-looking
statements are reasonable but no assurance can be given that these
expectations will prove to be correct and such forward-looking
statements should not be unduly relied upon.
Forward-looking statements are based on current information and
expectations that involve a number of risks and uncertainties, which
could cause actual results or events to differ materially from those
anticipated. These risks include, but are not limited to, risks
associated with: (i) general economic and business conditions, which
will, among other things, impact demand for Colliers' services and the
cost of providing services; (ii) the ability of Colliers to implement
its business strategy, including Colliers' ability to identify and
acquire suitable acquisition candidates on acceptable terms and
successfully integrate newly acquired businesses with its existing
businesses; (iii) changes in or the failure to comply with government
regulations; and (iv) such factors as are identified in the Annual
Information Form of Colliers for the year ended December 31, 2015 under
the heading "Risk Factors" (which factors are adopted herein and a copy
of which can be obtained at www.sedar.com). Forward looking statements
contained in this news release are made as of the date hereof and are
subject to change. All forward-looking statements in this news release
are qualified by these cautionary statements. Except as required by
applicable law, Colliers undertakes no obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise.
GLOBAL CONTACT:
John B. Friedrichsen
Chief Financial Officer
(416) 960-9500
EMEA CONTACT:
Chris McLernon
CEO, Colliers International EMEA
44 20 7487 1651
DENMARK CONTACT:
Jeppe Schoenfeld
CEO, Colliers International Denmark
45 40 26 34 27
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Colliers International Group Inc. via Globenewswire
http://www.colliers.com/
(END) Dow Jones Newswires
January 12, 2017 07:00 ET (12:00 GMT)
Press Release: Colliers International Expands in Denmark
1 hour 42 minutes ago - DJNF
Acquires market-leading Colliers Denmark affiliate to strengthen global
platform
TORONTO, Jan. 12, 2017 (GLOBE NEWSWIRE) -- Leading global commercial
real estate services firm Colliers International Group Inc.
(NASDAQ:CIGI) (TSX:CIGI) announced today that it has acquired a
controlling interest in Colliers International Denmark ("Colliers
Denmark"
. Senior management of Colliers Denmark will retain the balance of the equity under Colliers International's unique enterprise
partnership model. The acquisition of Colliers Denmark further
strengthens Colliers International's operations in Europe and provides a
strong platform for future growth in the important Nordic region. The
terms of the transactions were not disclosed.
Colliers Denmark employs approximately 100 real estate professionals in
five offices across Denmark providing investment sales, lease brokerage,
valuation and corporate services to local, regional, national and
international clients in key markets throughout the region.
"Denmark is a strong and established market in Europe and represents an
attractive growth opportunity for Colliers," said Chris McLernon,
Colliers International CEO | EMEA. "Having a market-leading position in
Denmark is another step in our strategy to grow in this region and will
allow us to expand our operations throughout the Nordics, reinforcing
our ability to serve clients wherever they do business."
"Having been affiliated with Colliers International for many years, this
partnership is the natural next step for us, enabling us to expand our
service offerings and further drive our growth in Denmark and the Nordic
region," said Jeppe Schoenfeld, CEO of Colliers Denmark. "Our senior
management team is committed to a long future with Colliers and looking
forward to capitalizing on global mandates, while delivering high
quality real estate services to our clients seamlessly, anywhere in the
world. All of us at Colliers Denmark are extremely excited about our new
partnership and the opportunity to grow together in the years to come."
"Over the years, Colliers International has grown by partnering with
outstanding professionals like the team in Denmark, who have a strong
passion for their business, a desire to continue growing, and a real
focus on creating value by accelerating the success of their clients,"
said Jay S. Hennick, Chairman & CEO of Colliers International. "This
addition is the latest in a series of strategic acquisitions that we
have completed in Europe, where we continue to invest in our operations
to elevate the Colliers International brand and platform as the global
firm of choice for successful organizations and professionals who thrive
within an enterprising culture," he concluded.
About Colliers International
Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) is an
industry leading global real estate services company with more than
16,000 skilled professionals operating in 66 countries. With an
enterprising culture and significant employee ownership, Colliers
professionals provide a full range of services to real estate occupiers,
owners and investors worldwide. Services include strategic advice and
execution for property sales, leasing and finance; global corporate
solutions; property, facility and project management; workplace
solutions; appraisal, valuation and tax consulting; customized research;
and thought leadership consulting.
Colliers professionals think differently, share great ideas and offer
thoughtful and innovative advice that help clients accelerate their
success. Colliers has been ranked among the top 100 outsourcing firms by
the International Association of Outsourcing Professionals' Global
Outsourcing for 11 consecutive years, more than any other real estate
services firm.
For the latest news from Colliers, visit Colliers.com
http://www.colliers.com/ or follow us on Twitter
https://twitter.com/Colliers : @Colliers and LinkedIn
https://www.linkedin.com/company/colliers-international .
Advisory Regarding Forward-Looking Information
Certain information included in this news release is forward-looking,
within the meaning of applicable securities laws. Much of this
information can be identified by words such as "believe", "expects",
"expected", "will", "intends", "projects", "anticipates", "estimates",
"continues" or similar expressions suggesting future outcomes or events.
Colliers believes the expectations reflected in such forward-looking
statements are reasonable but no assurance can be given that these
expectations will prove to be correct and such forward-looking
statements should not be unduly relied upon.
Forward-looking statements are based on current information and
expectations that involve a number of risks and uncertainties, which
could cause actual results or events to differ materially from those
anticipated. These risks include, but are not limited to, risks
associated with: (i) general economic and business conditions, which
will, among other things, impact demand for Colliers' services and the
cost of providing services; (ii) the ability of Colliers to implement
its business strategy, including Colliers' ability to identify and
acquire suitable acquisition candidates on acceptable terms and
successfully integrate newly acquired businesses with its existing
businesses; (iii) changes in or the failure to comply with government
regulations; and (iv) such factors as are identified in the Annual
Information Form of Colliers for the year ended December 31, 2015 under
the heading "Risk Factors" (which factors are adopted herein and a copy
of which can be obtained at www.sedar.com). Forward looking statements
contained in this news release are made as of the date hereof and are
subject to change. All forward-looking statements in this news release
are qualified by these cautionary statements. Except as required by
applicable law, Colliers undertakes no obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise.
GLOBAL CONTACT:
John B. Friedrichsen
Chief Financial Officer
(416) 960-9500
EMEA CONTACT:
Chris McLernon
CEO, Colliers International EMEA
44 20 7487 1651
DENMARK CONTACT:
Jeppe Schoenfeld
CEO, Colliers International Denmark
45 40 26 34 27
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Colliers International Group Inc. via Globenewswire
http://www.colliers.com/
(END) Dow Jones Newswires
January 12, 2017 07:00 ET (12:00 GMT)
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Intuitive;
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NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
