Colliers International Acquiring Majority Stake in Harrison Street Rea

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Jay Hennick, Colliers chairman and CEO Colliers International Group Inc. this morning announced it has agreed to make a strategic investment in Harrison Street Real Estate Capital LLC, one of the largest real estate investment firms with $14.6 billion in assets under management. Under the terms of the transaction, Colliers will acquire 75% of Harrison Street from its founders for $450 million, with an additional $100 million payable in 2022…

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