Colliers International Group Inc. (CIGI), an investment manager, said on Monday that it has inked a deal to buy a controlling interest in Ethos Urban Pty Limited., an urban planning and design advisory firm in Australia. The financial terms of the transaction were not disclosed.
John Kenny, CEO of Colliers, Asia Pacific, said: "Ethos Urban's long and impressive track record of successful projects, together with its entrepreneurial culture and significant ongoing ownership in the business, makes it a perfect fit for Colliers."
The transaction is expected to be closed in the first half, and the business will be rebranded as Colliers in the second half of 2025.
Founded in 1992, Ethos Urban employs 160 staff across its three offices in Sydney, Melbourne, and Brisbane to provide planning, urban design, engagement, and related services.
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