14/10/2021 - 13:23

Colliers WA registers new name

14/10/2021 - 13:23

Bookmark

Save articles for future reference.

Colliers International WA could be known as Cygnet West from next year, as the real estate giant prepares to launch its own operation after two decades of multinational ownership.

Imran Mohiuddin.

Colliers International WA could be known as Cygnet West from next year, as the real estate giant prepares to launch its own operation after two decades of multinational ownership.

The move ends months of speculation over what the real estate giant would be named, after it announced it would sever its ties from its multinational namesake.

The franchise agreement with commercial real estate is due to expire on December 31 this year, after it was initiated in 2001.

Colliers WA has applied to trademark the name Cygnet West.

Colliers International WA state chief executive Imran Mohiuddin said the company would be in a position to release more details on its rebrand closer to the franchise agreement’s expiry.  

“We are in the process of working through a number of options for the name of our new agency,” he said.

“We look forward to sharing the details around this at the appropriate time, once this process has been finalised.”

Earlier this year, Mr Imran Mohiuddin said the local team had made the decision to come to a natural end.

“Our partnership with Colliers has been a productive and mutually beneficial one over the past two decades, and together we have delivered exceptional results to our clients who operate and invest in the WA market,” Mr Mohiuddin said in July.

“However, this decision provides us with the ability to set our own path in a period of increased market activity and opportunity.

Business News’ commercial real estate listed Colliers International as the third latest real estate group in the State, after JLL and CBRE.

The company recently appointed Enzo Evangelista as director, valuations and advisory services.

 

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options