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Colliers Becomes Publicly Traded
Colliers International and FirstService Corp. are now separate companies. Colliers was just listed on the NASDAQ (CIGI) today, as well as the Toronto Stock Exchange under CIG.
Colliers has seen its revenues skyrocket as of late. They have jumped from $200 million in 2004 to $1.6 billion last year. Company executives say this will make the commercial real estate services firm, which has major operations in California, grow even further.
Part of the firm’s growth strategy is to be more involved in transactions and service-line diversification.
This is obviously big news in the commercial real estate industry, and we will give you further details as the story unfolds.
