Colliers International Announces Expansion of Valuation and Advisory Services Team in Asia

Vincent Cheung appointed executive director, Valuation and Advisory, Asia

Alton Wong appointed senior director, Valuation and Advisory, Asia

HONG KONG, Jan. 6, 2016 /PRNewswire/ -- Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG), today announced the expansion of its Valuation and Advisory Services business, including the addition of a team of valuation experts from another global real estate services company.

Vincent Cheung will be responsible for accelerating the company's valuation and advisory business across Asia working under the leadership of David Faulkner, executive director and head, Valuation and Advisory, Asia. He brings to Colliers his deep experience in fixed and intangible asset valuation and advisory, particularly in retail, mixed-use and office sectors, and most recently developing the valuation services business in Greater China. Cheung will also oversee the Hong Kong valuation business.

"Vincent is a results-driven executive with significant experience in new markets expansion, especially in the Greater China region. He will play an integral role in our continued regional expansion, building valuable relationships and taking our business to the next level where our clients will benefit from our extensive valuation consultancy experience," said Faulkner.

Cheung welcomed his move, saying, "I am thrilled to be joining Colliers International at this exciting time in the company's development. It is invigorating to be part of a business that is committed to delivering the service excellence this dynamic industry demands."

In close support of Cheung, Alton Wong, senior director, will provide strategic portfolio valuation for large enterprises and institutional investors.

Business Valuation
A new business valuation service capability strengthens Colliers' ability to provide complex economic support to clients, for example, during mergers and acquisition and IPO activities. Leading this new operation will be Freddie Chan, associate director and Alfred Wong, senior manager.

Greater China expansion
To help leverage the breadth of the company's resources across the region especially in China, Karen Xu and Kit Cheung have joined Colliers as senior associate directors in Beijing and Shanghai respectively.

The global real estate services firm has also welcomed Michael Price, who will oversee the consistency and quality of all delivered services across the Asia region.

About Colliers International Group Inc.

Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is a global leader in commercial real estate services with more than 16,300 professionals operating from 502 offices in 67 countries.