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Colliers International acquires affiliate in Sweden

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Leading global commercial real estate services and investment management firm, Colliers International Group Inc. (NASDAQ and TSX: CIGI), announced today that it has acquired Colliers International Sweden (“Colliers Sweden”), adding another company-owned operation in the key Nordics market to further strengthen our strong European platform. Colliers Sweden operates from offices in Stockholm and Göteborg and provides capital markets, leasing, corporate solutions and real estate management services to local, national and international clients.

“Sweden is a major market in Europe representing an attractive growth opportunity for Colliers. We have had a successful affiliate relationship for many years and now we will dedicate our efforts to realizing Sweden’s potential in the years ahead,” said Chris McLernon, Colliers International CEO | EMEA. “We continue to deliver on our goal of elevating our global platform while remaining the most enterprising company in the industry, with a culture that enables our people to maximize every opportunity and accelerate success.”

“The senior leadership team in Sweden is passionate about the future growth of our business and is committed to providing best in class service to our growing client base,” said Dan Törnsten, CEO, Colliers Sweden. “As a company owned operation, we look forward to integrating into the Colliers global platform and leveraging its size, established infrastructure and industry leadership to accelerate our growth, market share, and client service capabilities, taking our business to the next level in a leadership position consistent with Colliers’ strategy.”