Hong Kong, 6 September, 2017 – Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) announced today that it has commenced company-owned operations in Japan, the world’s third largest economy, to accelerate growth and leverage its existing brand presence. This strategic move strengthens Colliers International’s operations in Asia and provides a strong platform for future growth in Japan. Colliers International Japan (“Colliers Japan”) will be based in Tokyo. 

Colliers Japan fields multiple teams with specializations in Tenant Representation, Corporate Solutions, Project Management, Capital Markets & Investment Services and Valuation & Advisory Services to serve the needs of local, regional and global clients. 

Managing Director Katsuji Tokita and Executive Director Hazumu Iwase, who together have more than five decades of commercial real estate experience, will lead Colliers Japan. 

“Japan is a strong, highly-advanced, and growing market that represents an attractive growth opportunity for our business,” said David Hand, Colliers Chief Executive Officer, Asia Pacific. “With decades of experience, Katsuji and Hazumu will provide an unparalleled level of market knowledge to support our clients’ objectives and position Colliers for continued growth in Asia Pacific.”

“We have each been part of the Colliers organization for more than two decades and share its commitment to service excellence,” said Katsuji Tokita, Managing Director of Colliers Japan. “With a well-respected global platform and greater integration of our operations in Japan, we will create substantially more opportunities for our clients and our people. We are all very excited about this development and our future within Colliers International.”  

“Our company is the global firm of choice because our experts have a passion for business and a real focus on creating value for our clients,” said Jay S. Hennick, Chairman & CEO of Colliers International. “This addition is an important step toward achieving our ambitious five-year plan to double the size of our company by 2020.”