Mr. Kevin Haney reports

COLLIERS ACQUIRES CALIFORNIA-BASED TRANSIT ENGINEERING AND PROGRAM MANAGEMENT FIRM

The United States division of Colliers International Group Inc.'s engineering segment has acquired Ramos Consulting Services Inc. (Ramos CS), a California-based provider of program management, construction management and engineering services for major public transit projects. The addition of Ramos CS enhances Colliers Engineering's capabilities in one of the most active transit markets in the United States. Under Colliers' unique partnership model, Ramos CS's senior leadership team will continue to lead the transit business in California and become significant shareholders in Colliers Engineering. Terms of the transaction were not disclosed.

Founded in 2008, Ramos CS has become a trusted adviser to public transportation agencies across California. The firm's 50 professionals have supported more than $20-billion in capital programs spanning transit, transportation and public works.

"Ramos's reputation in the California transportation sector is exceptional," said Kevin L. Haney, PE, president and chief executive officer, Colliers Engineering & Design U.S. "Their deep project experience and long-standing relationships will meaningfully strengthen our growing infrastructure capabilities. We are thrilled to welcome their talented team to Colliers."

"Joining Colliers represents an exciting and strengthened new chapter for our people and our clients," said Armando Ramos, PE, president and chief executive officer, Ramos CS. "Colliers' commitment to technical excellence, culture and client service aligns seamlessly with how we've built our business. Together, we will continue to take on larger, more complex projects and offer broader solutions to our clients."

AEC Advisors, through its registered broker-dealer affiliate AEC Transaction Services LLC, was the exclusive financial adviser to Ramos CS.

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 -- the company 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 the company's clients, investors and people worldwide.