Colliers expands offering in Belgium

Colliers has acquired a majority interest in BelSquare SRL, a Belgian commercial real estate advisor with offices in Brussels and Antwerp.

Belsquare will be rebranded as Colliers and merged with Colliers’ existing operations in Belgium. Belsquare’s senior management team will lead Colliers Belgium and retain a significant equity stake going forward under Colliers’ unique partnership model. The terms of the transaction were not disclosed.

“Building on our current capabilities in project management and property management, this partnership adds a market-leading transactional business and provides Colliers with a full suite of capabilities to service our national and international clients,” said Davoud Amel-Azizpour, CEO of Colliers | EMEA. “This is the latest investment in a series of strategic acquisitions in EMEA that demonstrates our growth throughout Europe.”

“Our partnership with Colliers is a logical next step in the firm’s evolution as we