Olivier Gérard appointed as new French CEO whilst Gilles Betthaeuser becomes Chairman of Colliers International in France 

Paris, Toronto, November 6, 2018 - Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) today announced the appointment of Olivier Gérard as CEO, France effective 05 November 2018.  Gilles Betthaeuser the present CEO will become Chairman and return to a more client-facing role.

Olivier Gérard brings over 30 years’ of experience in French and international real estate and has held senior leadership positions within a number of high profile real estate consultancies throughout his career, specialising in capital markets and transaction services.

“Attracting a major talent like Olivier to Colliers to lead our business in France is a major coup for us and an important step in continuing to recruit the best and brightest in the sector.  His excellent track record with local and international clients will be extremely valuable as we continue to strengthen and grow our business in France,” said Chris McLernon, Colliers’ CEO EMEA.  “Olivier and Gilles together embody our client-first focus and will be a great partnership to continue to drive the company’s growth objectives in France for the benefit of both our employees and our clients.” 

Olivier Gerard added: “I am excited to be joining the fastest growing global real estate services firm, especially given the entrepreneurial spirt of the business. Colliers provides clients with the best possible service in the industry, and I, together with Gilles and our local management team, am committed to continuing to build our business and provide the best possible service in the industry.”

About Colliers International Group Inc. 

Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is a top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 13,000 professionals. Colliers is the fastest-growing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $25 billion of assets under management from the world’s most respected institutional real estate investors. 

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice to accelerate the success of its clients. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers is ranked the number one property manager in the world by Commercial Property Executive for two years in a row. 

Colliers is led by an experienced leadership team with significant equity ownership and a proven record of delivering more than 20% annualized returns for shareholders, over more than 20 years. 

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For further information, please contact:

Suzy Simpson, Acting Head of PR
Direct: 0161 831 3395 | +44 7909 008 700
Email: Suzy.Simpson@colliers.com