Colliers announced it has entered into a definitive agreement to acquire Triovest Inc., a leading Canadian commercial real estate services platform, from Coril Holdings. Following the closing, Triovest will rebrand as Colliers, merging its operations to solidify Colliers’ position as Canada’s largest commercial real estate services firm.
The combined Canadian operations will employ more than 3,000 professionals, manage over 95 million square feet of commercial real estate, and oversee more than $15 billion in projects under development. Triovest generated approximately C$70 million in revenues for the year ended December 31, 2024.
This acquisition is expected to strengthen Colliers’ capabilities in asset and development management across all major commercial real estate asset classes. The transaction is subject to customary closing conditions and is anticipated to close during the second quarter of 2025.
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