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Colliers International Acquiring Majority Stake in Harrison Street Real Estate

Colliers will acquire 75 percent of Harrison Street from its founders for $450 million.

Jay Hennick, Colliers chairman and CEO Colliers International Group Inc. this morning announced it has agreed to make a strategic investment in Harrison Street Real Estate Capital LLC, one of the largest real estate investment firms with $14.6 billion in assets under management. Under the terms of the transaction, Colliers will acquire 75% of Harrison Street from its founders for $450 million, with an additional $100 million payable in 2022...

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