FirstService Corporation announced today that its subsidiary, Colliers International, has acquired McKenzie Hall Pty Limited, a specialty retail management and leasing business operating across Australia’s east coast.
The McKenzie Hall team of more than 30 real estate professionals and support personnel will be integrated into
Colliers and will continue to manage the 45 retail and large format centres currently in their portfolio. Terms of the transaction were not disclosed.
Across Australia and New Zealand, Colliers manages over 150 retail assets and is currently delivering more than 65 retail leasing projects representing approximately 3.8 million square feet of space.
During the current year-to-date, Colliers has transacted over $1.5 billion worth of retail asset sales in the Australia and New Zealand region