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Upsuite Announces Nationwide Partnership With Global Commercial Real Estate Firm

Upsuite Partners with Colliers International

Providing More Access to Brokerage Clients

As of January 23, 2019, Upsuite is proud to announce the Company’s recent partnership with Colliers International, a leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ and TSX: CIGI). As the coworking industry continues to grow, many coworking operators have not found an efficient way to attract qualified teams to their location. Many of these organizations report vacancy rates of greater than 40% and an average tenant turnover of every 18 months. At the same time, commercial real estate brokers are having a hard time finding and comparing the many available coworking locations for their clients. Through the recently announced partnership, Colliers will have access to, and utilize, Upsuite’s platform, inventory data, and service offerings. Colliers professionals will now have the ability to quickly and easily secure the best, and most appropriate, flexible workspaces in their respective markets for clients at competitive prices. The partnership originally stemmed from Upsuite’s success in their recent participation in Colliers Proptech Accelerator, powered by Techstars.

It Began at an Accelerator

This program was born from the idea that advancements in technology and data can enable experts to deliver smarter, more personalized services that help make a difference. “By targeting innovation through the resources of the proptech accelerator program, we are able to create solutions, shape technologies and find opportunities that will advance our business and the industry—our partnership with Upsuite being one of them,” said Gil Borok, Colliers Chief Operating Officer | U.S. Operations. “I look forward to our continued efforts in uncovering and shaping enterprising solutions for the commercial real estate industry, providing a competitive advantage for Colliers’ clients and employees alike.” Upsuite is excited to move forward with the new partnership with the goal of providing access to an even larger audience of entrepreneurs, small to mid-sized businesses, and large corporations. “We are thrilled to be partnering with Colliers to provide added value and services to their clients and professionals,” said Ben Wright, Founder and CEO of Upsuite. “This partnership is a testament to Colliers’ commitment to advancing proptech innovations, as well as their focus on providing best-in-class solutions in the real estate industry.”

About Colliers International Group

Colliers International Group Inc. (NASDAQ and TSX: CIGI) is a top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 13,000 professionals. Colliers is the fastest-growing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $25 billion of assets under management from the world’s most respected institutional real estate investors. The professionals at Colliers think differently, share great ideas and offer thoughtful and innovative advice to accelerate the success of its clients. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers is ranked the number one property manager in the world by Commercial Property Executive for two years in a row. Colliers is led by an experienced leadership team with significant equity ownership and a proven record of delivering more than 20% annualized returns for shareholders, over more than 20 years.

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