Thursday, October 13, 2016

COLLIERS INTERNATIONAL ACQUIRES MARKET LEADING BUILDING CONSULTANCY SPECIALIST

Addition strengthens existing practice in the UK and extends to Western Europe

TORONTO, Oct 12 (Bernama-GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIG), a global leader in commercial real estate services, today announced the acquisition of Bollingbrook Limited ("Bollingbrook"), one of the UK's leading commercial building consultancy, quantity surveying and project management practices. The business will be rebranded as Colliers International and integrated into the existing Project & Building Consultancy operations increasing its scale and capabilities throughout the UK and extending into Western Europe. Details of the transaction were not disclosed.

Founded in 1999, Bollingbrook is a highly regarded building consultancy, providing services to real estate occupiers and owners, including portfolio acquisition surveys, dilapidations advice, project management and cost control for blue-chip corporations and investment manager clients. The combined Project & Building Consultancy team will now total more than 70 professionals operating from fourteen offices across the UK, led by Colliers' Gary Powell and Graeme Foreman as well as Bollingbrook's founders Guy Rockingham and Peter Radford.
http://mrem.bernama.com/viewsm.php?idm=27705

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