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Stock Market & Financial Investment News

News Breaks
January 7, 2013
09:11 EDTFSRVFirstService's subsidiary acquired Mar West Real Estate, terms not disclosed
FirstService announced that its subsidiary, Merit Property Management, an operating unit of FirstService Residential, has acquired Mar West Real Estate. The acquisition adds a total of 160 commercial property associations totalling more than 50M square feet of office, industrial and medical properties. Terms of the transaction were not disclosed.
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October 9, 2014
07:11 EDTFSRVFirstService establishes new Colliers International operation in France
FirstService has acquired a controlling interest in AOS Group. Headquartered in Paris, France, AOS will immediately be rebranded as "Colliers International" throughout France, Belgium, Spain, Morocco, UK, Netherlands, and Switzerland. Gilles Betthaeuser, Founder and CEO of AOS Group, will retain the balance of the equity and will continue to lead operations. The acquisition provides Colliers with a significant new base of operations in France and Belgium and augments existing operations in the other markets noted above, by providing Colliers clients with enhanced service offerings in tenant representation, project management and workplace consulting. AOS currently generates approximately $100M in annual revenues. Terms of the transactions were not disclosed.

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