Colliers International Group acquired SIP Group.

Colliers International Group, a global leader in commercial real estate services, acquired SIP Group, one of China’s leading construction project management consultancies and integrated its operations with Colliers’ existing business in the region. Financial terms were not disclosed. “We are delighted to have the experienced professionals from SIP join our growing project management platform in China,” said David Hand, Chief Executive Officer | Asia Pacific. “The combination of Colliers’ client-focused professionals and SIP’s project execution excellence provides our domestic Chinese and foreign clients with outstanding capabilities across all project types, specialities, and industries, throughout China and beyond.”