Off-market insider selling at Colliers International Gr (CIGI)

Off-market insider selling at Colliers International Gr (T:CIGI)

Spruce House Investment Management LLC, a 10% Holder, disposed of 1,500,000 Subordinate Voting Shares on a control or direction basis for registered holder The Spruce House Partnership LP at a price of US$102.630 through a private transaction on May 19th, 2021. This represents a $186,273,450 divestment of the company's shares and an account share holdings change of -26.2%.

Colliers International Group Inc. provides commercial real estate services. The Company offers a range of commercial real estate services in the United States, Canada, Australia, the United Kingdom, Germany, France and several other countries in Asia, Europe and Latin America. Its segments include Americas, EMEA, Asia Pacific and Investment Management. Its services include Colliers Real Estate Services and Investment Management Services. Colliers Real Estate Services include sales and lease brokerage and outsourcing and advisory services. Its transaction brokerage business provides services in sales and leasing for commercial clients. Its outsourcing and advisory services division provides corporate and workplace solutions and project management services and research. The Company's investment management services are primarily conducted through its subsidiary, Harrison Street Real Estate Capital, LLC (Harrison Street) and its affiliates.