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Colliers drive growth strategy with new Engineering and Design business in Australia

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Brings scale and additional capabilities to accelerate growth

Leading diversified professional services and investment management company, Colliers (NASDAQ and TSX: CIGI), announced today that Colliers has acquired PEAKURBAN Pty Limited, one of the fastest growing, independent engineering companies in Australia. The acquisition will further enhance Colliers' global Engineering & Design business and build local capability to its market-leading business in Australia.

Founded in 2016, with more than 100 experts, across five offices in Australia, PEAKURBAN specialises in helping to create communities and employment precincts throughout Australia with a focus on planning, design, and engineering solutions for master planned communities, civil infrastructure, mixed use developments, industrial and employment precincts.

“This acquisition demonstrates our continued focus on building scale, a key component of our Enterprise’ 25 Growth strategy. In Australia, Colliers’ reputation as market leaders across all property asset classes offers us an opportunity to accelerate our growth in engineering and design and complement our existing Project Management and Strategic Advisory capability, expanding our service offering to unlock more opportunities for our clients and our people”. John Kenny, CEO Colliers Asia Pacific. “PEAKURBAN’s values and culture align strongly with ours and we are delighted to welcome PEAKURBAN’s experts into our organisation.”

PEAKURBAN will rebrand and be integrated into Colliers’ existing Australian operations. Under Colliers’ unique partnership model, PEAKURBAN’s Senior Leadership team retain equity in the business and will continue to lead its growth in the dynamic Australian marketplace.

“The acquisition of PEAKURBAN is the latest in Colliers’ expansion of our Engineering and Design business, following recent similar transactions in the United States.” said Elias Mulamoottil, Co-Chief Investment Officer. “Colliers continues to attract best-in-class firms who value our unique partnership model and long-term growth horizon, and who wish to thrive within our, decentralised model and enterprising culture.”

“Colliers is one of the most respected names in real estate globally. Their investment in PEAKURBAN is recognition of the strength of our experts and experience, and the positive contributions that we have made to the communities in which we have helped create. Our reputation for developing commercially smart and practical engineering and planning solutions, combined with Colliers’ enterprising culture and impressive performance over many years, will strengthen our capabilities to help create vibrant, livable, and people orientated communities and employment precincts across Australia.” Brent Thomas, PEAKURBAN Managing Director.

View Colliers Engineering & Design here


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John Kenny

Chief Executive Officer | Asia Pacific

Sydney

As the Chief Executive Officer for Colliers in Asia Pacific, John leads our enterprising culture to ensure we embrace a growth mindset and always do what’s right for our clients, our people and our community across the region.  By promoting our values, he ensures our experts maximise potential through collaboration and investing in relationships to ensure they are well positioned to lead our industry into the future.  The loyalty demonstrated by our team and our clients have enabled Colliers’ record growth in both the Australia & New Zealand and Asia Pacific regions over the last decade and John is enthusiastic about our future growth potential. 

Since joining Colliers in 1991, John has held various transactional, operational and innovation roles before taking the helm as CEO in 2006.  In February 2020, he was appointed CEO, Asia Pacific.  John is also part of the Global Executive team of Colliers  and finds it a privilege to work with a select group of highly motivated experts who have driven our enterprising spirit globally. 

Culture has played a strong part of our growth and it’s been humbling to be awarded Aon / Kincentric Best Employer for four consecutive years in Australia and for 2019 in the Philippines, while also being recognised as a LinkedIn Top Company in Australia in 2019.  These accolades reflect how Colliers attracts and develops industry leaders, empowering them to think and act differently to drive exceptional results. 


John is committed to ensuring Colliers diversifies its service offering to meet the specialised requirements of our clients and lead our industry into the future.  To meet that need, John has enjoyed working with a team of specialists to secure several strategic acquisitions that support our growth.  By developing new areas of expertise, our market-leading experts can deliver enterprising solutions to maximise the potential of property and accelerate the success of our clients and our people.

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Malcom Tyson

Chief Executive Officer | Australia

Sydney

Malcom is the Chief Executive Officer for Colliers in Australia, delivering on our business plan and driving our enterprising culture. Our company is underpinned by a clear set of values, designed to maximise the potential of property to accelerate the success of our clients and our people.  

Over his 28-year career with Colliers, Malcom has had the opportunity to build and grow a number of successful teams. Prior to his current role, he led the NSW business along with the national Industrial business for 15 years. In 2005, Malcom joined the National Executive where the leadership group has steered our business to achieve incredible growth and reinforced our market-leading culture. Our business stability and continuity continue to attract market leaders, empowering them to think and act differently to drive exceptional results.  

Colliers has an enterprising culture which underpins our strategy for success. The business has won multiple accolades as a Best Employer and best in class in many service arenas. We appreciate the loyalty of our people and our clients and we thrive on collaborating to create enterprising solutions that exceed expectations. 

Within Australia, Malcom has had the benefit of working with a highly regarded leadership team, including John Marasco and Simon Hunt, who are focussed on maximising the potential of property for our clients, through delivering enterprising solutions as we work through the market conditions of 2021. By keeping aligned to our values of being enterprising to exceed expectations and collaborating to drive exceptional results, Colliers are well positioned in 2021 to maximise the potential of property and to be a part of leading our industry into the future, not only in Australia but right across the Asia Pacific region. 

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