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CIGI News and Press, Colliers International Group Inc. From 05/02/23

Stock Information

Company Name: Colliers International Group Inc.
Stock Symbol: CIGI
Market: NASDAQ
Website: colliers.com

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CIGI - Colliers Reports First Quarter Results

Growth in high value recurring revenues improves balance and resilience First quarter operating highlights: TORONTO, May 02, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ and TSX: CIGI) (“Colliers” or the “Company”) today announced ...

CIGI - Colliers adds top-tier engineering firm

TORONTO and SYDNEY, Australia, May 02, 2023 (GLOBE NEWSWIRE) -- Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that Colliers Engineering & Design Australia (“CED”) has acquired Craig & Rhodes Pty Limi...

CIGI - Colliers announces $250 million increase to Credit Facility

TORONTO, April 28, 2023 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") announced today that it has increased the total commitments under its unsecured multi-currency revolving credit facility maturing May 2027 (the “Credit Facility”) by US$...

CIGI - Colliers International: Favorable 2023 Ebitda Growth Outlook

2023-04-17 14:48:20 ET Summary The recent Greenstone deal suggests that CIGI is strengthening its revenue profile by growing the top-line contribution from recurring revenue streams and other geographic regions outside Americas. Colliers International is guiding for a +16% increas...

CIGI - Oakmark International Small Cap Fund: Q1 2023 Commentary

2023-04-13 03:00:00 ET Summary We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value. These businesses must offer significant profit potential and be run by...

CIGI - Colliers expands New Zealand's operations through Greenstone acquisition

2023-04-12 07:11:26 ET Global diversified professional services and investment management company, Colliers ( NASDAQ: CIGI ) has acquired a controlling interest in Greenstone Group, a leading project management and property advisory firm in New Zealand. The Greenstone senior l...

CIGI - Colliers acquires New Zealand's leading project manager

TORONTO and AUCKLAND, New Zealand, April 12, 2023 (GLOBE NEWSWIRE) -- Global diversified professional services and investment management company Colliers (NASDAQ, TSX: CIGI) announced today it has acquired a controlling interest in Greenstone Group Ltd. (“Greenstone”), a leading pro...

CIGI - Marcus & Millichap: Weakening Headwinds Present An Attractive Growth Opportunity

2023-04-10 13:02:02 ET Summary Aggressive federal tightening has significantly disrupted the commercial real estate market and created a dislocation between valuation and price, reducing sales volumes. Despite this, Marcus & Millichap has posted record revenues; indicating tha...

CIGI - Cushman & Wakefield cut to Neutral at Goldman Sachs on slowing topline, high leverage

2023-04-10 12:05:45 ET Cushman & Wakefield ( NYSE: CWK ) was downgraded to Neutral at Goldman Sachs from Buy due to slowing topline, elevated leverage and interest expenses, and low free cash flow conversion. The research firm also reduced its price target on Cushman ...

CIGI - Colliers Issues Notice of Redemption for Convertible Notes

TORONTO, April 04, 2023 (GLOBE NEWSWIRE) --  Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") announced today that it has issued a notice of redemption to all holders of its previously issued 4.00% convertible senior subordinated notes due 2025 (the “Convertible N...

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