Mr. Michael Harding reports

COLLIERS COMPLETES C$550 MILLION SENIOR NOTES ISSUANCE

Colliers International Group Inc. has completed a private placement of $550-million, equivalent to approximately $400-million (U.S.), of 4.73 per cent fixed-rate senior unsecured notes due 2033.

The notes were issued by Colliers Macaulay Nicolls Inc., a subsidiary of Colliers, and are fully guaranteed by Colliers. The payment obligations under the notes rank equally with all other unsecured and unsubordinated indebtedness of the issuer and Colliers, including Colliers's senior unsecured revolving credit facility and existing senior unsecured notes.

Colliers intends to use the proceeds for general corporate purposes, including the repayment of outstanding borrowings under its revolving credit facility.

"This financing further strengthens our balance sheet and enhances our financial flexibility as we continue to execute our long-term growth strategy," said Michael Harding, vice-president, finance, and treasurer. "The strong support from both new and existing institutional investors reflects continued confidence in our performance and disciplined approach to capital management," he concluded.

About Colliers International Group Inc.

Colliers is a global diversified professional service and investment management company operating through three industry-leading businesses: commercial real estate, engineering and investment management. With a greater-than-30-year record of consistent growth and strong recurring cash flows, it scales complementary, high-value businesses that provide essential services across the full asset life cycle. Its unique partnership philosophy empowers exceptional leaders, preserves its entrepreneurial culture and ensures meaningful inside ownership -- driving strong alignment and sustained value creation for its shareholders. With $5.6-billion in annual revenues, 24,000 professionals and $108-billion in assets under management, Colliers is committed to accelerating the success of its clients, investors and people worldwide.

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