Colliers stays upbeat at 20 years old

Colliers International is celebrating 20 years in New Zealand amid similar conditions to its launch in Auckland in 1989 when the Australian-founded brand was barely a decade old.

To others in the commercial property industry in the late 1980s, it probably seemed the timing for a new player to appear on the market was completely wrong.

The property market was at an all-time low following the 1987 sharemarket crash, with New Zealand in worse shape than most Western economies. Many companies had disposed of their property assets or had left the market.

Despite the conditions, Colliers arrived and set up as a property services company adopting the same culture that led to the formation of the group in Australia where the company was noted for employing the latest technologies and work practices.

To read the full NZ Herald story click here

Posted: 27 Jun 2009

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