Colliers International Group Inc.

10:53 AM EST - Colliers International Group Inc. : Has closed its previously announced acquisition of a majority interest in the operations of the former affiliate of CBRE Group Inc, in Central and Southeast Virginia. The Company’s four offices in Richmond, Norfolk, Charlottesville and Fredericksburg will be rebranded as Colliers International immediately. The current shareholders of the Company continue to retain equity in the business under the unique Colliers partnership model. Terms of the transaction were not disclosed. Colliers International Group Inc. shares T.CIGI are trading up $1.53 at $72.80.