TORONTO, May 18, 2017 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI)
("Colliers") announced today that its board of directors has declared a semi-annual cash dividend on the
outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the "Common Shares") of Colliers of
US$0.05 per Common Share. This dividend is in accordance with the dividend policy of Colliers. The dividend is payable on July 12,
2017 to holders of Common Shares of record at the close of business on June 30, 2017. The dividend is an "eligible dividend" for
Canadian income tax purposes.
About Colliers International
Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) is an industry-leading global
real estate services company with 15,000 skilled professionals operating in 68 countries. With an enterprising culture and
significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and
investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate
solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized
research; and thought leadership consulting.
Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help
clients accelerate their success. Colliers has been ranked among the top 100 global outsourcing firms by the International
Association of Outsourcing Professionals for 12 consecutive years, more than any other real estate services firm.
For the latest news from Colliers, visit Colliers.com or follow us on Twitter: @Colliers and LinkedIn.
Forward-looking Statements
This press release includes or may include forward-looking statements. Forward-looking statements include the Company’s financial
performance outlook and statements regarding goals, beliefs, strategies, objectives, plans or current expectations. These
statements involve known and unknown risks, uncertainties and other factors which may cause the actual results to be materially
different from any future results, performance or achievements contemplated in the forward-looking statements. Such factors
include: economic conditions, especially as they relate to commercial and consumer credit conditions and business spending;
commercial real estate property values, vacancy rates and general conditions of financial liquidity for real estate transactions;
the effects of changes in foreign exchange rates in relation to the US dollar on Canadian dollar, Australian dollar, UK pound
sterling and Euro denominated revenues and expenses; competition in markets served by the Company; labor shortages or increases in
commission, wage and benefit costs; disruptions or security failures in information technology systems; and political conditions or
events, including elections, referenda, changes to international trade and immigration policies, and any outbreak or escalation of
terrorism or hostilities.
Additional factors and explanatory information are identified in the Company’s Annual Information Form for the
year ended December 31, 2016 under the heading “Risk Factors” (which factors are adopted herein and a copy of which can be obtained
at www.sedar.com) and other periodic filings with Canadian and US securities regulators. Forward
looking statements contained in this press release are made as of the date hereof and are subject to change. All forward-looking
statements in this press release are qualified by these cautionary statements. Except as required by applicable law, Colliers
undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future
events or otherwise.
COLLIERS CONTACTS: Jay S. Hennick Chairman and CEO John B. Friedrichsen CFO (416) 960-9500
