Colliers is acquiring a majority stake in Australian urban planning and design firm Ethos Urban for an undisclosed sum.
The global diversified professional services and investment management firm said Ethos Urban鈥檚 senior leadership team will remain 鈥渟ignificant shareholders鈥� in the business, which will operate under the Colliers name from the second half of 2025.
Founded in 1992, Ethos Urban employs 160 professionals across its three offices in Sydney, Melbourne, and Brisbane. The firm provides planning, urban design, engagement and economic and social advisory services to clients in both the public and private sectors.
John Kenny, CEO of Colliers Asia Pacific, said: 鈥淓thos Urban鈥檚 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.
鈥淭heir talented professionals provide a highly valued service that has accelerated Australia鈥檚 urbanisation and development over many years. We are excited to welcome them as partners and work collaboratively to expand their operations in existing and new markets.鈥�
Chris McLernon, CEO of global real estate services at Colliers, said: 鈥淓thos Urban is the latest in several successful acquisitions that Colliers has made in the region. We see tremendous potential with this partnership and expect to leverage our brand, established reputation, and deep connections in the Australian real estate and infrastructure market to grow the business and cross-sell services to our combined client base.鈥�
Mark Stefanac, CEO of Ethos Urban, said: 鈥淛oining an entrepreneurial organisation like Colliers was a natural progression for our firm.
鈥淭his partnership enables us to further capitalise on Australia鈥檚 urbanisation, while providing our professionals with the resources, opportunities, and relationships they need to continue to deliver exceptional outcomes for our clients nationwide.鈥�
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