HONG KONG, 27 September 2022 – Leading diversified professional services and investment management company Colliers (NASDAQ and TSX: CIGI) has today announced the appointment of Thomas Chak and Stanley Wong as Co-heads of Capital Markets & Investment Services (CMIS). The appointment of Thomas and Stanley is a direct result of their outstanding performance to build a best-in-class investment business in Hong Kong.
The collaborative approach demonstrated by Thomas and Stanley has seen the CMIS department become one of the fastest growing business lines for Colliers in Hong Kong. Since the start of the year, their leadership has seen headcount nearly double in size, and they have steered the business to 15 sole agency appointments with an estimated value of over HK$10 billion. This success has elevated the profile of the business and developed a new level of trust across a wide range of vendors including banks, receivers, local developers and mainland corporates.
Key to this success has been the formation of specialist teams that provide greater focus on the exacting needs of clients. There are now six teams that focus on corporate and commercial deals, development sites, luxury residential, retail assets, industrial assets and agricultural Land.
CK Lau, Managing Director, Colliers | Hong Kong, said: “I am delighted to appoint Thomas and Stanley to lead the CMIS department. They have complimentary skill sets, and the CMIS business has clearly benefitted. I asked them to deliver on two objectives: grow headcount and win more sole agency appointments, and they have exceeded expectations and delivered what I need in nine-months. That’s the action-led leadership that needs to be rewarded.”
Thomas Chak, Co-head of Capital Markets & Investment Services, commented: “I’m delighted to be appointed to lead the CMIS business with Stanley. I have been at Colliers for just over three years now, and I see the great potential we have to drive revenue and capture market share. We have strong leaders within the department like Russell Lam and Dominic Chung that deliver results, and have become the foundation for our success.”
“We also have a blend of young and emerging talent, diverse skill sets and experience which have been valued by our clients. Our industry-leading platform has already delivered tremendous success this year, and I look forward to finding out what we can deliver in the coming months and years,“ added Chak.
Stanley Wong, Co-head of Capital Markets & Investment Services, commented: “This appointment is a great honour. Since joining Colliers, I’ve embedded myself into the business’s strategy and built strong relationships with private investors, REITs, institutions and developers, and they now know how Colliers can help them meet their needs. We are building strong momentum in the market, and in working with Thomas, I believe we will generate a constant flow of acquisition and disposal success, and become a leading real estate investment business in the market.”
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