Colliers Expands Into Australia with Ethos Urban Acquisition
Sydney, Monday, 17 February 2025.
Colliers International plans to acquire Ethos Urban for Australian market expansion. The rebranding to Colliers is expected later in 2025, marking strategic growth in urban planning.
Strategic Acquisition Details
Colliers International Group Inc. (TSX:CIGI) has announced a significant expansion in Australia through an agreement to acquire a controlling stake in Ethos Urban Pty Limited [1][4]. The transaction, announced on February 17, 2025, is expected to close in the first half of this year, with Ethos Urban’s senior leadership maintaining significant shareholding positions [1]. Founded in 1992, Ethos Urban brings considerable expertise with 160 professionals across offices in Sydney, Melbourne, and Brisbane [4].
Market Integration and Rebranding
The acquisition represents a strategic enhancement of Colliers’ urban design and advisory capabilities in the Asia-Pacific region [4]. Following the deal’s completion, Ethos Urban will undergo rebranding to operate under the Colliers name in the second half of 2025 [4]. John Kenny, CEO of Colliers Asia Pacific, emphasized that Ethos Urban’s track record makes it an ideal fit for the company’s expansion plans [4].
Growth Strategy and Market Impact
Chris McLernon, Colliers’ CEO of Global Real Estate Services, has outlined plans to leverage the company’s established reputation and connections in the Australian real estate and infrastructure market to grow the business and expand service offerings [1]. The move aligns with Australia’s urbanization trends, as noted by Ethos Urban’s CEO Mark Stefanac [4]. While specific financial terms remain undisclosed [1], this acquisition adds to Colliers’ impressive portfolio, which generates annual revenues exceeding $4.8 billion [4].