Colliers International Group Inc.
Colliers International Group Inc. is a global diversified professional services and investment management company organized around commercial real estate, engineering, and investment management. The company serves clients across the full asset lifecycle through brokerage, advisory, project delivery, and asset management services in markets around the world.
Fiscal year 2025 · change from previous year
Development 2020–2025
Business
Share of revenueBrokerage, leasing, capital markets, property management, and related advisory services.
Engineering and design, project oversight, and technical delivery services.
Asset management, fund management, and performance-based carried interest.
Products
Reported · share of revenue- Engineering Products31.2 %
- Lease Brokerage21.2 %
- Capital Markets15.9 %
- Property Management9.8 %
- Valuation and Advisory9.6 %
- Other12.3 %
Source: 40-F FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.
Customers
Colliers primarily serves corporate and institutional clients that need support with real estate transactions, portfolio management, and project execution. Its customer base also includes investors and asset owners who use the firm for investment management, development, and technical services across commercial properties and infrastructure-related projects.
Buy leasing, workplace, and advisory services to manage office and industrial real estate needs.
Use brokerage, project management, and property services to transact, build, and operate assets.
Buy investment management and asset management services to access real estate and related strategies.
Purchase engineering and design services for transport, water, and civic projects.
Use debt finance advisory and loan servicing tied to commercial real estate assets.
Strategy
Colliers focuses on scaling complementary businesses that generate recurring client relationships across the asset lifecycle. Its strategy centers on expanding high-value services, deepening technical capabilities, and using its partnership model to align leadership with long-term ownership and growth.
A broader platform increases cross-selling and reduces dependence on any single fee stream.
Recurring services improve client retention and reduce reliance on transactional activity.
Acquisitions add technical talent, local market access, and specialized capabilities.
Inside ownership and entrepreneurial leadership support retention and client service quality.
Geography
Colliers operates in 33 countries directly and in 70 countries including affiliates and franchisees, giving it a broad international footprint. The business is anchored in North America but also has meaningful exposure to Europe, Latin America, the Middle East, South Asia, and Australia through its service lines and engineering platform.
Risks
Colliers is exposed to cyclicality in commercial real estate transaction volumes, project timing, and capital markets activity, which can affect fee generation across its service lines. The company also faces integration, valuation, and impairment risk from acquisitions, while its global footprint adds exposure to regional economic weakness, regulatory differences, and project execution risk.
Brokerage and capital markets fees depend on deal flow and leasing activity, which move with property and credit cycles.
Exposure: Leasing and capital markets
Acquired reporting units must be tested against fair value, and weaker market conditions can trigger write-downs.
Exposure: Reporting units
Engineering and project management revenue can shift based on milestone completion and client scheduling.
Exposure: Engineering and project delivery
The business uses acquisitions to expand capabilities, which can create integration and retention challenges.
Exposure: Purchased businesses and talent
Operations across many countries create exposure to local economic conditions, rules, and project demand.
Accounting
Judgemental itemsFees from brokerage, advisory, engineering, and investment management require judgment on timing and gross/net presentation.
Impact: Can shift revenue between periods and change reported margins
Reporting unit fair values depend on cash flow forecasts and discount rates.
Impact: May create material non-cash write-downs
Acquisitions require valuation of customer relationships and other intangibles.
Impact: Affects amortization expense and future earnings
RNCI is recorded at the greater of redemption amount or initial carrying value.
Impact: Changes balance sheet equity and liability-like presentation
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Last updated: 17/07/2026