Colliers International Group today announced the acquisition of Vision Asset Management. Vision is one of Europe’s leading hospitality asset management companies. The business will be rebranded as Colliers International and integrated into the existing Hotel Property Services operation.
Founded in 2001, Vision provides a complete range of asset management advisory and consultancy services in the hospitality sector. The firm advises clients in the UK and across EMEA and has managed more than 100 assets that range from individual properties to larger portfolios. Colliers’ combined Hotels Property Services team will now total more than 35 professionals offering agency, valuation advisory, as well as asset management services.
Dirk Bakker, Partner Benelux and Head of EMEA Hotels: “Vision is a well-respected party in the European market for hotel investors and owners who want to improve the performance of their hotels. The acquisition of Vision is a major step forward in our service offering in the Benelux. And the experience that the Vision team brings to the table ensures that we can further improve and expand our services."
“Having built a significant market share within the hospitality sector, we have found the right international partner to help us take the next strategic growth step for our business,” said Allan Davidson, Director Colliers International. “For us, this is the beginning of a new chapter and we are looking forward to combining our local and sector expertise with Colliers’ global platform to better meet our clients’ needs.”
“Our strategic growth across EMEA continues with the addition of Vision and marks a very positive start to 2017. This is the latest in a string of strategic acquisitions that Colliers has made to continue accelerating the success of our clients and helping them to solve their business challenges,” concluded Chris McLernon, CEO, Colliers International | EMEA.