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Colliers expands Capital Markets & Investment Services capabilities in Korea

Industry veteran Sungwook Cho appointed to lead Capital Markets & Investment Services business in Seoul


SEOUL, KOREA, 28 March 2021 Leading diversified professional services and investment management company Colliers (NASDAQ and TSX: CIGI) today announced the appointment of Sungwook Cho as Executive Director and Head of Capital Markets & Investment Services | Korea, effective immediately.

An industry veteran with more than 22 years of commercial real estate experience and 15 years of investment advisory experience, Cho will be responsible for growing Colliers’ Capital Markets & Investment Services capabilities and identifying investment opportunities in the Korean market. In this capacity, Cho will leverage his industry experience to further expand relationships with domestic clients, while also collaborating with Colliers’ experts across the globe to secure international capital from the company’s global network of clients.

Cho joins Colliers from Avison Young, where he served as Executive Director and Head of Capital Markets since 2018. During this time, he delivered more than USD 14 million in revenue with a track record that includes many landmark assets, including the sale of Pine Avenue Tower B and the SK Headquarters Building, both in the Seoul CBD, in 2021. Prior to Avison Young, Cho held positions at Mate Plus Advisors, formerly a Colliers’ affiliate business, and at Colliers.

Joining Cho from Avison Young is Minsoo Yuk as Director, Capital Markets & Investment Services | Korea, who has more than 11 years of investment advisory and property management experience. His experience includes the advisory of 22 assets with cumulative GFA of 10,390,000 sq ft, equivalent to USD 5.4 billion.

Robert Wilkinson, Managing Director | Korea, commented: “I am thrilled to have an industry leader like Sungwook join our business. His advisory experience in national portfolio sales as well as large single asset assignments in the office, retail, logistics, hotel and development sectors will allow us to maximize the potential of property while further developing our Capital Markets & Investment Services capabilities. Furthermore, the fact that Sungwook has chosen to return to Colliers is a testament to our growing reputation in the market and the opportunities we offer to enterprising professionals looking to accelerate their careers.”

Cho commented: “I am very excited to be returning to Colliers and to have this opportunity to grow the Capital Markets & Investment Services business in Korea. Colliers is the fastest growing publicly listed global real estate services and investment management company in the world and South Korea, as the fourth largest economy in Asia, offers huge potential to both our clients and our people. It is an exciting time to be at Colliers and I look forward to working with Rob and other Colliers experts to accelerate the success of our clients and lead our industry into the future.”

 

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Media Contact:

Robert Wilkinson

Managing Director | Korea

Jenny.lee@colliers.com

+82 2 6325 1901

 

About Colliers

Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 66 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.