Colliers International, the real estate advisory firm, has announced the acquisition of Flanagan Arabia, a specialist project management, quantity surveying, space planning, cost, and workplace consultancy.
The company will immediately be rebranded as Colliers International, with Bob Flanagan, founder and managing director of Flanagan Arabia continuing to lead operations as director, head of Project Management and Cost Consultancy for Colliers International in the MENA region.
“Becoming part of Colliers’ global network is a natural next step in the development of the business. The team are excited to be joining one of the world’s leading real estate consultancies, adding our expertise and experience to Colliers strong offering in the region,” Flanagan said in a statement.
“Both firms are an excellent fit in terms of culture and commitment to industry best practice, and the acquisition will support our expansion plans while delivering significant benefits for all our clients.”
Founded in 2008, Flanagan Arabia services government entities, developers and financial institutions across the UAE, Saudi Arabia, Egypt and Qatar. Following the agreement, the firm intends to expand its headcount in its regional headquarters in Dubai, as well as across its regional offices which service over sixteen countries in the MENA region.
“The acquisition of Flanagan Arabia deepens our capabilities in key disciplines and will support future regional growth by offering our clients additional market leading services, all under the Colliers International brand,” concluded John D Davis, chief executive officer of Colliers International in the Middle East and North Africa.
