Colliers International, one of the top four global real estate consultants, has been ranked 19th in The International Association of Outsourcing Professionals (IAOP) and Fortune Magazine's 2007 Global Outsourcing 100 Companies - up from 44th last year.
With its new standing, Colliers International is the top ranked commercial real estate firm in the list, ahead of its main rivals Cushman & Wakefield (35), CBRE (51) and Jones Lang Lasalle (67).
Companies are ranked according to 18 criteria, including growth, track record of management team and quality of customer service.
Colliers was named to the list for its depth of experience and proven track record in real estate outsourcing. Selection to The Global Outsourcing 100 is based on a rigorous review process which analyses a company's critical factors for long-term outsourcing success, according to IAOP.
John Davis, CEO, Colliers International - Middle East, said: 'The Global Outsourcing 100 is an important benchmark that helps executives gauge the strengths of industry leaders. Colliers' dedication to offering tailored solutions to clients allowing them to achieve their investment objectives is a core principle of the company.
'Last year from our GCC offices alone, we consulted on clients' assets worth over AED 205 billion within the MENA region. Our multi-disciplinary professional capabilities, local market understanding and global experience underpin our ability to understand and identify the clients' risks and opportunities and thus provide the best possible service solutions.'
Operating in the region for the last 10 years and with over 241 offices in 50 countries, the firm employs over 11,000 professionals and has a global fee turnover approaching US$ 1.5 billion per annum. The firm manages over 560 million square feet of property worldwide and transacts over US$ 45 billion of clients' property annually.
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