COLLIERS INTERNATIONAL – PRESS RELEASE
Livingstones to become Colliers International Property Management
Combined brands to manage over 1,000,000m² property - valued at over $2billion
Colliers International announces that property management business H G Livingstone Ltd will be rebranded to trade under the name Colliers International Property Management as of Wednesday 31st March 2010.
The rebranding, which will create a combined total entity with offices in 13 locations and over 400 staff across New Zealand, follows the acquisition of a cornerstone shareholding in Livingstones by Colliers International in 2007 and the gradual integration of the two businesses since then.
Under the terms of the rebrand, Colliers International Property Management’s head office will remain in Christchurch, where Livingstones’ leadership has been based to date, and the business will continue under the directorship of Warren Glassey and Evan Harris.
Colliers International’s New Zealand Chief Executive, Mark Synnott, said: “Bringing Livingstones under the Colliers brand will have significant benefits to both businesses and to our clients. Colliers will become the only commercial property management business with local representation right across New Zealand. This will allow us to offer a cohesive, one stop shop property service for our clients, wherever they are.”
“We will now have 90 people in property management under the Colliers umbrella, plus 60 on site in retail centres around the country, as we work to gather the best people around the best brand to make the most of the economic recovery.”
Evan Harris, Colliers’ National Director of Property Management, said: “We have wanted to offer a one stop shop property service for our clients for some time now. We see real value in joining under the internationally recognised Colliers brand, which will considerably enhance our client offering and provide access for us to worldwide knowledge and networks. The single brand will be more visible and more accessible around the country and it will enable greater career opportunities for our staff.”
Harris says that the Fright Aubrey valuation team, to date a part of Livingstones and the South Island’s largest commercial valuation practice, will come under the Colliers Valuation & Consultancy brand as part of the rebrand.
ENDS
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NOTES- Colliers International launched in New Zealand in 1989 and has 13 offices across the country: Whangarei, Auckland North Shore, Auckland City, Auckland South, Hamilton, Tauranga, Hawke’s Bay, Palmerston North, Wellington, Nelson, Christchurch, Queenstown, Dunedin
- As part of a global group with 290 offices in 60 countries, Colliers offers a full range of property services in New Zealand, including: leasing, industrial, sales, retail, business brokerage, property management, consultancy & valuation, corporate services, research & consultancy, residential project marketing.
- Livingstones is a provider of specialist services to the New Zealand property market. With its head office in Christchurch and branches in Auckland, Wellington, Tauranga and Palmerston North, the company applies the expertise of over 150 staff nationwide. Livingstones’ valuation practice became the largest in the South Island in April 2008, when the company acquired 100% of Fright Aubrey Ltd in Christchurch. Fright Aubrey was established in 1982 as a partnership between Ray Fright and Ron Aubrey.
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