Mr. Kevin Haney reports

COLLIERS ADDS LEADING TELECOMMUNICATIONS ENGINEERING FIRM

Colliers International Group Inc.'s Colliers Engineering & Design division has acquired Terra Consulting Group LLC, a specialty telecommunications infrastructure engineering firm based in Chicago, Ill. This acquisition strengthens Colliers Engineering's footprint in the Midwest and positions the platform to capitalize on the rapid growth in the telecommunications sector. Terms of the transaction were not disclosed.

Founded in 1994, Terra's 70 employees provide telecommunications engineering, land development, site acquisition and structural design services from five offices throughout the Midwest region.

"Terra brings deep expertise and relationships in the telecommunications sector, bolstering our existing capabilities and allowing us to further capitalize on the rapid growth in the industry," said Kevin L. Haney, PE, president and chief executive officer of Colliers Engineering. "We are excited to welcome the Terra team to the Colliers family."

"Joining Colliers Engineering & Design will allow us to offer more comprehensive and integrated services to our clients," said John J. Zimmermann, PE, president, Terra. "Colliers's entreprenurial culture and client service focus aligns perfectly with how we operate, and we are confident that joining forces will create many opportunities and continued success 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 service, 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 annual revenues exceeding $4.8-billion, a team of 23,000 professionals and $99-billion in assets under management, Colliers remains committed to accelerating the success of its clients, investors and people worldwide.