Matt Filak

Matt Filak, on behalf of Stephen Sheldon, asked about Ayesa's historical growth and margin profile, future growth expectations for Ayesa, the drivers behind its stronger margins, and whether Colliers is appropriately staffed in Capital Markets and Leasing to capture upside from a more significant transactional recovery.

Answer

CFO Christian Mayer noted Ayesa's 13% CAGR over 10 years, with high single-digit organic growth expected going forward, driven by high-value services in public sector, public transit, water, and energy transition markets. Global Chairman and CEO Jay Hennick added that Ayesa's expertise in areas like desalination and disciplined pricing contribute to superior margins. Jay Hennick stated that Colliers is actively recruiting but existing producers have capacity for increased transactional volumes without significant incremental hiring.