Colliers Completes Acquisition of Triovest, Enhancing Position as Canada’s Largest Commercial Real Estate Services Firm

Colliers has acquired Triovest, enhancing its status as Canada's largest commercial real estate services firm.

Quiver AI Summary

Colliers, a global professional services and investment management firm, has completed its acquisition of Triovest Inc., enhancing its position as Canada's largest commercial real estate services provider. This strategic move adds over 3,000 professionals to Colliers' workforce and expands its management portfolio to more than 95 million square feet of commercial properties, alongside overseeing over $15 billion in development projects. Colliers, which operates through three main platforms—Real Estate Services, Engineering, and Investment Management—continues to emphasize growth and value creation, reporting nearly $5 billion in annual revenues and a commitment to delivering strong returns for shareholders.

Potential Positives

Colliers has completed the acquisition of Triovest Inc., enhancing its capabilities in the commercial real estate sector.
The acquisition strengthens Colliers’ position as Canada’s largest commercial real estate services firm, which may lead to increased market share and competitive advantage.
With the addition of Triovest, Colliers now employs over 3,000 professionals and manages more than 95 million square feet of commercial real estate, reflecting significant operational scale.
The firm oversees over $15 billion in projects under development, indicating strong potential for revenue growth and client engagement in the market.

Potential Negatives

The press release focuses heavily on the acquisition of Triovest, which may overshadow potential underlying issues such as integration challenges or financial strain from the purchase.
While claiming to be the largest commercial real estate services firm, Colliers may face increased scrutiny from competitors and analysts regarding its ability to maintain this position and deliver sustained growth.
The press release does not address any potential risks or challenges associated with the acquisition, which could lead to investor concerns about the long-term viability of the deal.

FAQ

What is the significance of Colliers' acquisition of Triovest?

The acquisition solidifies Colliers' position as Canada's largest commercial real estate services firm.

How many professionals does Colliers employ after the acquisition?

Colliers employs more than 3,000 professionals across its operations in Canada.

What areas does Colliers operate in?

Colliers operates in Real Estate Services, Engineering, and Investment Management sectors.

What is Colliers' annual revenue?

Colliers has nearly $5.0 billion in annual revenues.

How much commercial real estate does Colliers manage?

Colliers manages over 95 million square feet of commercial real estate.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$CIGI Hedge Fund Activity

We have seen 87 institutional investors add shares of $CIGI stock to their portfolio, and 103 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

NEUBERGER BERMAN GROUP LLC added 516,652 shares (+80.3%) to their portfolio in Q1 2025, for an estimated $62,669,887
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 349,046 shares (+56.6%) to their portfolio in Q1 2025, for an estimated $42,339,279
DURABLE CAPITAL PARTNERS LP added 328,430 shares (+12.4%) to their portfolio in Q1 2025, for an estimated $39,838,559
MACKENZIE FINANCIAL CORP removed 208,182 shares (-34.6%) from their portfolio in Q1 2025, for an estimated $25,252,476
WARATAH CAPITAL ADVISORS LTD. removed 167,324 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $20,296,401
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC removed 138,125 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $18,780,856
AMERIPRISE FINANCIAL INC added 136,871 shares (+39.9%) to their portfolio in Q1 2025, for an estimated $16,602,452

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$CIGI Analyst Ratings

Wall Street analysts have issued reports on $CIGI in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Scotiabank issued a "Outperform" rating on 05/07/2025

To track analyst ratings and price targets for $CIGI, check out Quiver Quantitative's $CIGI forecast page.

Full Release

TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today it has completed its previously announced acquisition of Triovest Inc. (“Triovest”), a leading Canadian commercial real estate services platform. The acquisition solidifies Colliers’ position as Canada’s largest commercial real estate services firm, employing more than 3,000 professionals, managing more than 95 million square feet of commercial real estate, and overseeing more than $15 billion in projects under development.

Colliers Contacts
Brian Rosen
President & Chief Executive Officer | Canada
+1 416 643 3787

Christian Mayer
Chief Financial Officer | Global
+1 416 960 9176

About Colliers
Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering, and Investment Management – we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately 20% compound annual returns for shareholders, fueled by visionary leadership, significant inside ownership and substantial recurring earnings. With nearly $5.0 billion in annual revenues, a team of 23,000 professionals, and more than $100 billion in assets under management, Colliers remains committed to accelerating the success of our clients, investors, and people worldwide. Learn more at corporate.colliers.com , X @Colliers or LinkedIn .