Brussels, 13 July 2015- Colliers International Belgium today announces the acquisition of IDB Management (IDB), a leading Belgian player in the field of asset and real estate management. As a result of the transaction, IDB has changed its name to Colliers International Asset Management Belgium. The management will expand its asset and property management business under that new flag. The details of the deal have not been published.
“We have known the IDB team for a long time now," says Pierre Gilles Solvit, General Manager of Colliers International Belgium. “Their professionalism, integrity, focus and customer-oriented attitude are the perfect fit for our own corporate culture and way of working. We look forward to bringing them into the Colliers family. We will continue to expand our services in Belgium, and the range of services provided by IDB are the ideal supplement to our existing business and will further strengthen our growth. This operation is part of our consolidation strategy for all activities connected with commercial property and adds an extra dimension to our expertise in the field of Property & Asset Management."
“We wanted to take our business to the next level and it was soon clear that Colliers was the best partner for this, both for our clients and our staff", clarified Renaud d'Argembau, CEO of IDB. “Their ambitious customer approach is very much in line with our own model of flexible B2B services. We work for a lot of institutional clients. As part of Colliers’ global network, we can now extend our commercial relationships far beyond the Belgian borders and penetrate new international markets."
“The Benelux is and remains a very important market in Europe", says Chris McLernon, CEO of EMEA at Colliers International. “The strengthening of our capacity and our range of services, especially in the field of Asset & Property Management, is essential in our strategy to offer our clients in Europe and beyond a homogeneous range of customised real estate and asset management services."
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About Colliers International Belgium
AOS Group, an international independent consulting firm that offers integrated solutions for the corporate real estate sector, joined the American company Colliers International in October 2014. Since then, the AOS Group has been operating as Colliers International Belgium. Colliers International is one of the world leaders in the field of services for corporate real estate, with more than 16,300 employees spread over more than 502 offices in 67 countries.
In Belgium, Colliers International Belgium employs about 35 people. Its multidisciplinary teams (real estate specialists, workplace consultants, engineers, designers, project managers, ...) can provide a response via an integrated approach to any real estate questions from end-users.
About IDB Management
IDB Management was founded by Renaud d'Argembeau and Francis Theux as a niche player specialising in the management of assets. With the arrival of Frederic De Baere in 2006, IDB Management extended its activities to include institutional real estate, with a focus on asset management, commercialisation, coordination and investment management, in cooperation with all the players on the Belgian market. As a result of the takeover, IDB has changed name and is now called Colliers International Asset Management Belgium.
The company, which has a workforce of ten, will continue to work fully independently for the real estate interests of numerous foreign institutional owners in Brussels.