|Bid||97.89 x 0|
|Ask||98.35 x 0|
|Day's Range||97.82 - 99.67|
|52 Week Range||70.18 - 101.95|
|Beta (3Y Monthly)||1.70|
|PE Ratio (TTM)||36.57|
|Earnings Date||Feb 11, 2020 - Feb 17, 2020|
|Forward Dividend & Yield||0.13 (0.13%)|
|1y Target Est||87.00|
TORONTO, Dec. 03, 2019 -- Leading global commercial real estate services and investment management firm, Colliers International (NASDAQ and TSX: CIGI) announced today that Gil.
TORONTO, Dec. 02, 2019 -- Colliers International, leading global commercial real estate services and investment management firm (NASDAQ and TSX: CIGI), today announced its.
Colliers International Group Inc. (TSE:CIGI), which is in the real estate business, and is based in Canada, saw a...
Most Hong Kong-based investors are maintaining a positive investment appetite for 2020 despite a challenging local market including an economic slowdown and social unrest, property consultant Colliers International said on Wednesday. In Colliers' latest survey 71% of the respondents said they are looking to invest within Hong Kong, while 57% said their focus will be on value-add investments, which are generally moderate to high risk. The survey, conducted between Oct. 15 and Nov. 19, covered a pool of 79 developers, REITS, private funds and family offices based in Hong Kong.
In this article we are going to estimate the intrinsic value of Colliers International Group Inc. (TSE:CIGI) by taking...
Solid operating results with higher margins Operating highlights: Three months ended Nine months ended September 30 September 30(in millions of US$, except.
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the second quarter and hedging or reducing many of […]
By buying an index fund, you can roughly match the market return with ease. But if you buy good businesses at...
TORONTO and BANGALORE, India, Oct. 16, 2019 -- Leading global commercial real estate services and investment management firm, Colliers International (NASDAQ and TSX: CIGI),.
TORONTO, Oct. 10, 2019 -- Colliers International Group Inc. (NASDAQ and TSX: CIGI) announced today that results for the third quarter ended September 30, 2019 will be issued by.
LOS ANGELES, Oct. 10, 2019 -- Leading global commercial real estate services and investment management firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) today.
TORONTO, Sept. 27, 2019 -- Colliers International Group Inc. (NASDAQ, TSX:CIGI) (“Colliers”) and the former Chief Executive Officer of its Real Estate Services division, Dylan.
A look at the shareholders of Colliers International Group Inc. (TSE:CIGI) can tell us which group is most powerful...
TORONTO and BANGALORE, India, Sept. 18, 2019 -- Leading global commercial real estate services and investment management firm, Colliers International (NASDAQ and TSX: CIGI).
Colliers International (NASDAQ and TSX: CIGI) announced today its Class of 2019 proptech startups taking part in the Colliers Proptech Accelerator Powered by Techstars. This year, we received hundreds of applications from an unprecedented 50+ countries, demonstrating a strong growth in proptech, the intersection of tech and real estate.
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
(Bloomberg) -- Tokyo is about to get another mound of capitalism.Mori Building Co. is spending 580 billion yen ($5.4 billion) on a new, 20-acre hub of commerce in the city’s core. Similar in size to New York’s Rockefeller Center, the complex will have shops, restaurants, 213,900 square meters of office space, 1,400 residences, a world-class hotel, an international school and the city’s biggest food court.If this capital of 14 million has a king of the hills, it’s the Mori real-estate empire. The new project will eclipse the builder’s signature development, Roppongi Hills — home to Google and Goldman Sachs Group Inc. offices, and a magnet for shoppers and international visitors. The closely held company, whose late founder was once the country’s richest man, is betting that more people — especially foreigners — will flock to live and work in Tokyo over the coming years.“Japan’s office market is behind in relative size and depth,” Mari Kumagai, head of research at Colliers International Group Inc. “If you’re serious about making money from buildings, you have to do this.”Set to open in 2023, the new endeavor doesn’t yet have a name. For now, it’s called the Toranomon-Azabudai project, from the neighborhoods Mori will gobble up in Minato-ku, one of Tokyo’s toniest enclaves. Starting with the 1986 debut of nearby Ark Hills, the real-estate developer has been relentless in its push to transform Tokyo’s skyline with hefty buildings clad in steel and glass.Mori’s properties often cater to foreign businesses and visitors, offering sanctuaries for them to stay, work and shop in a megalopolis that can be difficult to navigate. Signage and restaurant menus in the city still often lack English or other languages. Green spaces are still few and far between, and the view from the 52nd floor of Roppongi Hills betrays a sea of drab, gray low-rise homes and buildings that stretch to the horizon.“This is going to become Tokyo’s newest landmark,” said Shingo Tsuji, Mori’s chief executive officer. “We’ve spent 30 years thinking about this project, and how cities should be created.”Mori’s goal is to create a city within a city that people can “escape to, rather than flee from.” Ground broke this month on the big new project, which will connect two subway stations and create a new arterial road to relieve the development’s impact on vehicle traffic. Although the total footprint will be smaller than its predecessor, the new complex will have more floor space, with a 64-story main tower and two residential towers.When Mori embarked on its Roppongi project almost two decades ago, developers were jumping over each other to put up new buildings in Tokyo. Land prices were down 75% after Japan’s economic bubble burst in the early 1990s, interest rates were on their way to zero and new zoning laws made it easier to combine lots for big projects.That bet may have paid off. But now, Mori’s new project is being built under a different scenario, coming after a long run-up in office space demand. Tokyo’s real-estate market is thriving, with vacancy rates near record lows below 3%, according to Colliers, the real-estate investment and services firm.The big question is whether that trend will continue, as well as Mori’s ability to keep riding the wave of mega projects. Although rental growth has been robust, Colliers predicts it will peak at around the current 5% before easing to an average of 0.8% over the next few years. All told, central Tokyo will have 70 major real-estate projects breaking ground from 2018 through 2023, according to the firm.“The office market is doing really well, vacancies are coming down,” said Patrick Wong, a Bloomberg Intelligence analyst. “The issue is whether rents can keep going up further.”Tokyo isn’t the only frothy real-estate market in the region. Singapore and Sydney are also seeing low office-leasing vacancies as companies hire more people. Last month, the government of Singapore clamped down on speculative buying and selling, with the central bank citing “euphoria” in the property market.At the same time, protests in Hong Kong have put the brakes on demand for central office space in China’s special administrative region. Spooked investors are turning elsewhere to places such as Singapore, which saw private home sales surge a sequential 43.5% in July. Although no multinational corporations have said they’re leaving Hong Kong, it’s probably on their mind, according to Wong. “This could be an opportunity for Tokyo,” he said.That’s music to the ears of Japanese Prime Minister Shinzo Abe, who in 2014 pushed to establish new strategic special zones in Tokyo and other cities as part of his Abenomics revitalization plan. The areas of Tokyo that fall under those zones, which offer deregulation and other incentives, are right where Mori has been developing properties for decades.No surprise, then, that the Toranomon-Azabudai mega project has been 30 years in the making. Work on it started even before Roppongi Hills. For its major projects, Mori’s employees spend years going door to door, persuading local residents and property owners to hand over their land in exchange for prime residential space in the new buildings.It’s hardly a coincidence that Mori’s suffix for its biggest developments — there’s also Toranomon Hills and Atago Green Hills — harks back to that other chichi neighborhood, Beverly Hills. It’s also a nod to the Japanese word, Yamanote. Transliterated as “the hill’s hand,” the term refers to the more desirable, hilly land west of the Imperial Palace in feudal Tokyo that now include Mori’s properties.“We’ve poured everything we’ve learned from our Hills projects into this new development,” Tsuji said.Mori’s ultimate vision is to link up all of its properties into an uber-complex of offices, homes and retail space. Although the developer is going to unveil the project’s name just before it opens for business, odds favor it will end with “Hills.”(Updates with analyst’s comment in fourth paragraph. A previous version of this story corrected the timeframe of projects.)\--With assistance from Hiromi Horie.To contact the reporter on this story: Reed Stevenson in Tokyo at firstname.lastname@example.orgTo contact the editors responsible for this story: Emma O'Brien at email@example.com, Reed Stevenson, Jeff SutherlandFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Jay Hennick became the CEO of Colliers International Group Inc. (TSE:CIGI) in 2015. This analysis aims first to...
TORONTO, Aug. 01, 2019 -- Leading global commercial real estate services and investment management firm, Colliers International Group Inc. (NASDAQ and TSX: CIGI) today.
Momentum continues with solid internal revenue growth and overall operating performance Operating highlights: Three months ended Six months ended June 30 June 30(in millions.