Colliers has made several appointments to its Singapore-based leadership team within the past six months, in a move that speaks to the firm’s commitment to the city-state. Most recently, Bastiaan van Beijsterveldt was named managing director for Singapore, succeeding Tang Wei Leng who was appointed in 2015. He was previously executive director and head of occupier services for Singapore.

Mike Davis, formerly managing director for CBRE in the US, was named in February as managing director for occupier services for the Asia Pacific region. Chris Pilgrim, who was global capital markets director based out of London, was promoted to managing director of global capital markets for Asia Pacific in November. Both are stationed in Colliers’ Singapore office.

Altura EC is a 99-year leasehold executive condo at West Avenue 8, Bukit Batok, with 375 residential units near an MRT station, bus interchange, schools, and parks. Bidding till 12 noon on 8 March 2022, Qingjian Realty has won with its bid of S$662 psf ppr. The Altura EC Altura EC showflat and price list will be made available shortly.

Sam Harvey-Jones, Colliers’ COO for Asia Pacific, spoke proudly of the firm’s increased commitment to Singapore, referring to it as a major driver of capital and decision-making. Van Beijsterveldt echoed this sentiment, calling their office a “centre of excellence” with the goal of driving regional growth.

This commitment to Singapore is part of Colliers’ Enterprise ’25 growth strategy, which aim to more than double their profitability to an adjusted ebitda of US$830 million by end-2025. To reach this goal, the company has focused on making strategic acquisitions, scaling up their recurring and long-duration revenue streams, and bolstering their capital markets and leasing business. The plan is well underway, with Colliers deploying a record US$1 billion in acquisitions last year, and reporting an adjusted ebitda of US$630.5 million for FY2022.

Colliers’ plans for the Singapore office include doubling their headcount, something Van Beijsterveldt has already started focusing on for their occupier services. The company will continue to hire even through the uncertain economic climate, as they view this as a long-term investment. Currently, there are some 120 people working in their Singapore office, coming from a variety of service areas such as capital markets, investments, valuation and advisory, industrial, hospitality and leisure. All are united under a single senior leadership team in order to emphasize collaboration between different departments.

Colliers is determined to invest in their people as well, including offering opportunities for growth within the organisation, and promoting a diverse, equal opportunity workforce across the board. Female representation is a core focus, with the company targeting 40% female employees overall and in manager positions globally by 2025. Last December, Colliers was even recognised as one of the world’s “top female-friendly companies” by Forbes.

In Singapore, half of the office is comprised of women, in part due to a conscious effort to build a balanced workforce. This, Van Beijsterveldt believes, will attract and retain quality talent, and serve clients better. Ultimately, it is the goal of Colliers to be the best at what they do.