|Bid||90.64 x 1000|
|Ask||90.70 x 1200|
|Day's Range||89.92 - 91.28|
|52 Week Range||60.28 - 92.07|
|Beta (5Y Monthly)||1.65|
|PE Ratio (TTM)||35.20|
|Earnings Date||Feb 02, 2017 - Feb 06, 2017|
|Forward Dividend & Yield||0.10 (0.11%)|
|Ex-Dividend Date||Dec 29, 2019|
|1y Target Est||94.20|
Colliers International (NASDAQ and TSX: CIGI) is now accepting applications for the 2020 Colliers Proptech Accelerator Powered by Techstars. Now in its third year, the program continues to seek and support enterprising proptech companies that will help lead the real estate industry into the future. This one-of-a-kind global initiative enables Colliers to source, shape and invest in new solutions across the real estate value chain, giving our professionals and clients a competitive advantage.
Colliers International (CIGI) delivered earnings and revenue surprises of 6.35% and -1.57%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Professional real estate service revenues surpass $3.0 billion Operating highlights: Three months ended Twelve months ended December 31 December 31(in millions of US$, except.
Jay Hennick became the CEO of Colliers International Group Inc. (TSE:CIGI) in 2015. First, this article will compare...
TORONTO, Feb. 04, 2020 -- Leading global commercial real estate services and investment management firm, Colliers International (NASDAQ and TSX: CIGI) announced today that John.
Attorney Kavita Gupta has been appointed to serve as the Chapter 11 Trustee overseeing the bankruptcy sale of 38.56 acres of privately-owned real property on the world-famous Las Vegas Strip. The Bankruptcy Court has approved bid procedures setting a bid deadline of April 30, 2020 and May 19, 2020 auction for qualified bidders.
John Friedrichsen named Chief Operating Officer Christian Mayer appointed as Chief Financial Officer TORONTO, Jan. 28, 2020 -- Leading global commercial real estate services.
(Bloomberg Opinion) -- Being a shopping-mall landlord is a risky business in the age of e-commerce, even in retail-crazy Singapore. So it’s only sensible that CapitaLand Mall Trust is merging with CapitaLand Commercial Trust, which owns offices.The S$8.3 billion ($6.2 billion) deal between the two sister real estate investment trusts, or REITs, will create a property owner of some heft. The combined entity will have the firepower to undertake up to S$4.6 billion in overseas acquisitions. At home, the revenue stream from shops — under pressure from online sales — will get commingled with more stable office rents.That will be a relief. CapitaLand Mall Trust’s income available for distribution grew a healthy 7.5% last year, but the REIT’s tenants saw sales decline 1.4% on a per-square-foot basis, with electrical and electronics, home furnishings and information technology and telecommunications recording falls of more than 10%, according to figures released Wednesday.This is part of a global trend. As I wrote in July, Singapore’s Generation Z — those born after 2000 — won’t be mall rats. It will be a challenge for landlords to eke out positive rental “reversions” when tenancies come up for renewal. More than half of Rafffles City Singapore, a marquee property in the trust’s portfolio, was leased out again last year, and the owner saw no increase in rates. At The Atrium@Orchard — another prestigious downtown location — rentals dropped 6.5% from when CapitaLand Mall signed them three years earlier.Mind you, Singapore’s office market is also showing signs of fatigue. Rents for Grade A offices stopped rising in the December quarter as the city’s small, open economy slowed amid U.S.-China trade tensions. Colliers International Group Inc. forecasts they will climb just 1% in 2020, before sliding 4% next year. Things could get uglier still if the co-working trend comes under strain following last year’s WeWork debacle.Even those worried about the shared-space segment should be encouraged by the technology industry — especially fintech. With 21 bids for up to five new digital bank licenses, the outlook for the city’s office market is more optimistic than it is for retail. CapitaLand Commercial Trust generally experienced positive rental reversions during the December quarter. Properties such as Six Battery Road, formerly Standard Chartered Plc’s Singapore headquarters, and 21 Collyer Quay, where WeWork will move in after HSBC Holdings Plc moves out, could do even better after the landlord spruces them up this year.Singapore’s office market will also undergo transformation as city planners make a deliberate attempt to have more people living in and around the central business district. The idea is to increase the utility of the island’s priciest real estate so that it’s not a ghost town after working hours. As part of the plan, old office towers near the central bank and the stock exchange will be redeveloped as mixed-use properties that have more space to sell or rent out. Neither these structural changes nor the cyclical ebb and flow of office demand and supply is a surprise to property builders and owners. Assessing the retail industry is trickier. Not only could it be facing terminal decline because of surging digital consumption, it’s also driven by tourism. Interest in the city peaked after the 2018 release of “Crazy Rich Asians,” and continued to rise — to about 5 million visitors in the third quarter of 2019 — after Hong Kong’s anti-government protests. The recent outbreak of a new respiratory virus, however, is a reminder of how ephemeral such gains could be.The virus, which originated in the central Chinese city of Wuhan, may or may not be a repeat of the deadly 2003 SARS epidemic, which hit Singapore hard. Yet it gives real-estate investors another reason to want their rents coming from a combined pool of retail and offices. That way, the profit available for distribution will become more future-proof — at least until artificial intelligence makes it unnecessary for humans to show up for work at all.To contact the author of this story: Andy Mukherjee at email@example.comTo contact the editor responsible for this story: Matthew Brooker at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services. He previously was a columnist for Reuters Breakingviews. He has also worked for the Straits Times, ET NOW and Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The I-Drive location, which opened in 2017, has 350 full-time employees and caters to up to 1 million guests a year.
TORONTO, Jan. 17, 2020 -- Colliers International Group Inc. (NASDAQ and TSX: CIGI), announced today that results for the fourth quarter and full year ended December 31, 2019.
TORONTO, Jan. 16, 2020 -- Leading global commercial real estate services and investment management firm, Colliers International Group Inc. (NASDAQ and TSX: CIGI), today.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it...
Overall activity in Asian property markets remains firm, and recent developments brighten prospects for the coming year and should raise confidence among investors, developers and occupiers, according to a new report by Colliers International (NASDAQ: CIGI; TSX: CIGI), a global leader in commercial real estate services.
More build to suit, demand for product near rail and the move to more suburban product are just some things local experts saw last year.
The facility is expected to be open by Nov. 2020, and the warehouse will represent more than $100 million in investment.
If you own shares in Colliers International Group Inc. (TSE:CIGI) then it's worth thinking about how it contributes to...
The four subsidiaries involved — which include the company’s mortgage, insurance and funding businesses — employ 250 people across the United States, about 150 of them in downtown Minneapolis.
TORONTO and MINNEAPOLIS, Dec. 19, 2019 -- Leading global commercial real estate services and investment management firm, Colliers International (NASDAQ and TSX: CIGI), today.
Research conducted exclusively for the Business Journal shows that multifamily sales in the Valley approached $2 billion in 2019 — and the sector is still heating up with more inventory being built.
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]
TORONTO, Dec. 11, 2019 -- Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) ("Colliers") announced today that its board of directors has declared a semi-annual cash.