Colliers increased Group sales by 17 percent (16 percent on a constant currency basis) to $1.57 billion in the second quarter of 2026 compared to the same period last year. Net sales rose to $1.39 billion, also up 17 percent (16 percent on a constant currency basis). With organic revenue growth of 8 percent and double-digit growth in all three business segments, the company is continuing its growth trajectory, benefiting from the increasing recovery of the commercial real estate markets, the structural growth of the engineering business and the continuous expansion of investment management.
The Commercial Real Estate division increased its revenue by 12 percent (11 percent on a constant currency basis) to $997.3 million. Net sales reached $891.4 million, an increase of 13 percent (12 percent on a constant currency basis). The Capital Markets and Leasing divisions developed particularly dynamically, each increasing by 23 percent. In the Capital Markets business, growth was driven by all regions, especially North and South America and Asia-Pacific. The rental business also benefited from a positive development in all regions, with continued high demand for industrial and office space in the USA providing additional impetus.
In the Engineering business unit, sales increased by 30 percent (30 percent on a constant currency basis) to $427.8 million. Net revenue (excluding sub-consultant and other recurring costs) was $359.4 million, up 28 percent (27 percent on a constant currency basis). With the acquisition of Ayesa Engineering, Colliers has further expanded its international expertise in the areas of infrastructure, transport, water, real estate and buildings, thereby strengthening its range of services along the entire real estate life cycle.
Investment Management increased revenue by 17 percent (17 percent on a constant currency basis) to $147.2 million. Net sales (excluding recurring performance fees) reached $135.3 million, an increase of 15 percent (15 percent on a constant currency basis), driven by organic growth and the positive contribution of a recent acquisition. In parallel, Colliers continues to invest in the expansion of the Harrison Street Asset Management brand to strengthen its fundraising expertise, provide even more comprehensive support to institutional investors and unlock additional growth opportunities in real assets, infrastructure and credit strategies.
Against the backdrop of the positive business development, Colliers confirms its outlook for the full year 2026. The company continues to expect growth in revenue, adjusted EBITDA and adjusted earnings per share (adjusted EPS) in the mid-teens percentage range.
