Mr. Mike Cormier reports

COLLIERS ADDS TOP-TIER ENGINEERING FIRM IN ONTARIO

Colliers International Group Inc.'s Canadian engineering platform, Englobe Corp., has acquired BESTECH Canada Ltd. (BESTECH), a leading multidisciplinary engineering consulting firm in Ontario. BESTECH's senior team will play a key role in leadership going forward and will become shareholders of Englobe under Colliers' unique partnership model. Terms of the transaction were not disclosed.

Founded in 1995, BESTECH's over 100 professionals provide mining, automation, electrical, power systems, structural, civil and mechanical services to mining clients.

"This investment accomplishes two key strategic priorities of expanding our capabilities in the Canadian resources industry and bolstering our footprint in Ontario," said Mike Cormier, president of Englobe. "BESTECH's long history of providing innovative solutions to clients in the mining sector enhances Englobe's expertise and qualifications in this important and growing market."

"The ability to leverage Englobe's capabilities and infrastructure to offer unparalleled client outcomes and employee experience made this partnership the logical next step for us," said Marz Kord, president of BESTECH. "We are pleased to join forces with a respected, global professional services firm that shares our culture predicated on the success of our clients and better ownership and career opportunities for our people."

About Colliers International Group Inc.

Colliers is a global diversified professional services and investment management company. Operating through three industry-leading platforms -- real estate services, engineering and investment management -- Colliers has a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately 20-per-cent compound annual returns for shareholders, fuelled by visionary leadership, significant inside ownership and substantial recurring earnings. With $5.5-billion in annual revenues, a team of 24,000 professionals and $108-billion in assets under management, Colliers remains committed to accelerating the success of its clients, investors and people worldwide.