Sign in

    Khing Shan

    Managing Director and Senior Equity Analyst at RBC Capital Markets

    Khing Shan is a Managing Director and Senior Equity Analyst at RBC Capital Markets, specializing in real estate sector research, with coverage focused on North American residential and European real estate companies such as Morguard North American Residential REIT and European Residential REIT. He is recognized for generating in-depth market insights and has participated in earnings calls with major industry leaders. Shan has served as Managing Director, Real Estate, Global Research at RBC Capital Markets for over three years and has a robust track record in equity analysis and research, holding this role since 2021 and accumulating earlier analytical experience within the real estate finance industry. His professional credentials include relevant securities licenses, and he is known for his comprehensive sector knowledge and commitment to delivering value-driven research to investors.

    Khing Shan's questions to Colliers International Group (CIGI) leadership

    Khing Shan's questions to Colliers International Group (CIGI) leadership • Q2 2024

    Question

    Jimmy Shan of RBC Capital Markets, also known as Khing Shan, questioned the sustainability of the strong 13% leasing revenue growth and asked about the growth rate and current scale of the loan origination business.

    Answer

    CEO of Real Estate Services Christopher McLernon stated that leasing growth should continue at a strong pace, while CFO Christian Mayer suggested the 8% year-to-date growth is a good full-year estimate. Chairman and CEO Jay Hennick highlighted leasing's resilience. Mayer noted that the loan origination business, while still small at over $100 million in revenue, saw growth nearly double year-over-year, though profitability per loan is currently lower due to a mix shift away from GSE originations.

    Ask Fintool Equity Research AI