Colliers International, Shanghai

【January 11, 2010 – Shanghai】- Yesterday the State Council issued a circular onpromoting steady and healthy development of the property market. In fact, apart fromthis, a few developments in the property market in week 1 of 2010 are noteworthy. This note helps to discern their implications, and also serves as update on market development following the issue of our 2010 market outlook on Jan 5.

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About Colliers International

Colliers Macaulay Nicolls Inc. (CMN), operating as Colliers International, is a leading international real estate services company that provides a full range of services to commercial real estate users, owners and investors worldwide. These services include brokerage, property management, hotel investment sales and consulting, corporate services, valuation, consulting and appraisal services, mortgage banking and research. Through greater knowledge and specialization, CMN strives to accelerate the success of all its clients, partners, professionals, management and staff. CMN is a FirstService Company (Nasdaq: FSRV; TSX: FSV.SV). CMN is the largest member firm of Colliers International, one of the world's top commercial real estate services organizations, with revenues over US$2 billion in 2007 and 293 offices in 61 countries. CMN can be found on the Web at http://www.colliersmn.com. Locally, Colliers professionals serve clients throughout China. Find out more at www.colliers.com/china.

Contact Information

Linda Lee, Assistant Director
Marketing & Communications, Colliers International
Tel: 86 21 6141 3606
Email: Linda.L.Lee@colliers.com

Cindy Yang, Assistant Manager
Marketing & Communications, Colliers International
Tel: 86 21 6141 3604
Email: Cindy.Yang@colliers.com

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