In-depth knowledge of the commercial property market in the South West remains central to the success of property specialists Colliers International following a major takeover.
Colliers International’s UK operation was bought last month by FirstService. US-based FirstService already owns 90 per cent of Colliers International globally.
Head of the Bristol office Tim Davies said the buyout had recapitalised the UK business, which was now able to draw on FirstService’s financial clout.
He said: “This deal has raised the company’s profile across Europe and will bring undoubted benefits for Colliers International’s clients in the West.
“Colliers International is now one of the top three commercial property agencies globally, financially secure, with an A-list client base that’s already proved its loyalty to us. This deal will bring international business opportunities to Bristol and the South West from clients and contacts all over the world.”
Raising the company’s profile will enable the company to introduce clients to international tenants and investors confident in the added security of working with a top global property advisory company.
“We now have the global strength and depth of Colliers International to call upon, but we have not lost sight of the fact our local market expertise is still key. We remain passionate about the UK and our clients in the West.
”Many of our specialists have more than 25 years’ experience in the local market which gives them unrivalled understanding of our clients’ requirements and we are determined to maintain a local as well as global perspective.”
“Bristol is ideally placed to attract inward investment; it is an important financial centre and the communications network of road, rail, air and sea is unrivalled in the UK. Whilst other parts of the UK have been ravaged by the worldwide recession Bristol has fared better and growth of the local economy is inevitable when the recovery gathers pace.”
