Colliers Report Huge Losses, but Remain Optimistic

Colliers CRE quadrupled its pre-tax losses to £40 million in the year to December 2009. This was attributed partly to a 26% fall in revenue last year to £57.9 million and also because of a £24.1 million write down in goodwill on its UK business. Colliers chairman Sir John Ritblat said “with our significantly reduced […]