Colliers International Recognized as a Global Leader in Commercial Real Estate Industry
4 March 2011, London – Colliers International has reinforced its position as a leader in commercial real estate by earning a top spot on the 2011 global brand rankings, released today by The Lipsey Company.
Colliers International has ranked among the top three in the Lipsey industry survey for eight consecutive years, and now exclusively occupies second place after tying for second in 2010.
“By any measure, we’re a company on the move,” said Doug Frye, global President & CEO of Colliers International. “In 2010, we launched a new, consolidated brand and vision for our business, grew revenue by 37% and are now earning industry and client recognition that truly speaks to our spirit of enterprise and client focus.”
“Our brand position in Europe is advancing significantly,” said Chris McLernon, CEO of Colliers International’s operations in Europe, the Middle East and Africa (EMEA). “Increasing demand from our clients for Colliers to be a true global resource, coupled with our team’s enterprising approach to delivering real estate services, fuels our rise toward the top. I expect to see a major shakeup among market leaders in the next two to four years, with Colliers recognized as a top-tier firm in every major European market.”
Now in its tenth year, the Lipsey survey uses a combination of voting from around the world and focus groups to calculate the relative strength of commercial real estate brands among all categories in the industry, including brokerage services, real estate investment trusts (REITs), developers, property managers and data providers. The survey tells the story of the rise and fall of many brands; of the 48 brands that have made the Top 25 list in the past 10 surveys, only 13 brands—including Colliers International—have appeared on the list every year. Only six firms have placed in the top 10 every year.
This recognition comes on the heels of Colliers International’s win earlier this week of the Central and Eastern European Quality Award for Retail and Hospitality.