Colliers International has acquired market-leading advisory and real estate management firm Landmark Properties.
The deal gives Colliers significantly expanded capabilities in Quebec, expanding its existing operations in the province. Landmark fits well with Colliers’ national Asset Advisory Services and Real Estate Management business.
“Quebec is an important and growing market in Canada and home to several of Canada’s largest institutional real estate investors,” said David Bowden, Chief Executive Officer of Colliers International in Canada. “The acquisition of Landmark builds upon our recent acquisition in Winnipeg, highlighting our continued investment in high-quality, enterprising professionals across Canada. Our recent efforts have also increased the connectivity and breadth of services to our investor and occupier clients nationwide.”
Landmark has 30 real estate professionals providing a full range of advisory services including asset and property management, and leasing.
“Our core values and entrepreneurial spirit are fully aligned with the unique enterprising culture at Colliers and we look forward to better serving our clients and helping our professionals leverage the other benefits of this world-class organization,” said Luc Sicotte, Président, Chef de la direction of Landmark Properties.
Benefits of scale for increasing client demands
For the team, joining Colliers will mean the ability to leverage the international firm’s scale to meet increasingly complex needs of clients.
“As local, national and international real estate owners strive for more sophisticated and creative solutions to improve their returns, Colliers is one of the few firms globally that can provide these services to investors wherever they choose to do business,” added John Du John Duda, Executive Vice President of Real Estate Management Services for Colliers International in Canada. da, Executive Vice President of Real Estate Management Services for Colliers International in Canada.
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