Urban Planning and Financial Analysis Background Will Bolster Consultancy Breadth and Depth
HONG KONG, CHINA--(Marketwired - April 25, 2016) - Colliers International Hong Kong Limited, part of Colliers International Group Inc.(NASDAQ: CIGI) (TSX: CIG), a global leader in commercial real estate services, announced today that Daniel Shih has joined the company as director of research. Shih brings a unique background in urban planning research and in-depth consultancy, including financial modelling of real estate projects with a focus on site and location variables. He has more than 18 years of professional experience in large-scale land development and consultancy in Hong Kong and China, underpinned by higher degrees in both urban planning and social science.
"Today's announcement augments our game-changing move to deepen the research basis of our offerings to clients," said Nigel Smith, Managing Director of Hong Kong. "Colliers is constantly seeking to drive a more integrated and client-centric research approach to help articulate the opportunities in land and property development. We are delighted to welcome Daniel into our company in this important role where he will bring exceptional depth and breadth of thinking to support our professional teams and add significant value for our clients."
In his previous role at AECOM, Shih built an 80-strong economic development consultancy team that undertook various studies of cities that are resilient, sustainable and liveable -- buildings and urban environments that accommodate change, both natural and man-made, for the benefit of occupants, owners and the wider community. These studies explore the connection of resilient cities and real estate and the impact it has on corresponding investment decisions.
"I am excited to be joining such a forward-thinking business as it expands and adapts in a fluid market environment. In particular, I look forward to helping Colliers sustain and build its reputation for creative transactions that match client desires with market opportunities," said Shih.
Shih's appointment is part of a company-wide effort to strengthen qualitative insights that enable our clients to make clear and informed decisions. The expansion of the Hong Kong team, alongside a larger regional research operation that recently welcomed Andrew Haskins as executive director of Research and Advisory Services for Asia, will enable Colliers to better serve the needs of its clients.
In addition to a Bachelor of Science in Computer Science from the University of Wisconsin, Madison, Shih has a Master's in Urban and Regional Planning from California State Polytechnic University, Pomona and a Master of Arts in Social Science from Hong Kong University of Science and Technology. He holds memberships of the American Institute of Certified Planners (AICP), American Planning Association (APA), and Urban Land Institute (ULI).
About Colliers International Group
Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIG) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.
Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals' Global Outsourcing for 11 consecutive years, more than any other real estate services firm.
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