188: Maximizing the Potential of Property, with Colliers

Today I'm delighted to be joined by Colliers International - a global leader in real estate, diversified professional services and investment management. They operate in sectors all the way from Government to golf courses, and provide expertise on everything from valuations to project management. With operations in 67 countries, more than 18,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. With annualized revenues of over $3 billion, Colliers are maximizing the potential of property and accelerating the success of their clients and people. Today Matt McGregor, Executive Vice President at Colliers International, joins me to chat all about Colliers wide range of services and sectors, key changes in the market and exactly what businesses should be considering right now when it comes to property. IN THIS EPISODE WE DISCUSS: [07.54] A look at who Colliers are, what they do and the types of customers they work with. [10.32] Why Matt chose to pursue further education in supply chain management and why it's so important that brokers understand where industrial real estate fits into the customer's bigger picture. "We asked some key clients, and the biggest thing that came back was that brokerages didn't really understand their industries." [15.33] What Colliers are seeing with regard to sustainability advancements in industrial real estate. [18.36] The growth of e-commerce in light of COVID, what it means for warehousing and retail, and Matt's predictions for the future. "At the end of 2019, 14% of all retail sales were online. Fast-forward to the end of 2020, 36% was online – a massive growth. That was all the growth we would have had in the next 5-7 years." [23.57] From an increase in drone technology and autonomous trucks, to multi-story warehouses and much larger yard space, key changes and trends in industrial real estate. [31.20] The impact of COVID on Matt and his team, as well as on his customers. "For our clients, trying to separate people dramatically drove labor costs up and slowed production down." [34.57] What distribution, fulfillment and manufacturing businesses should be thinking about when it comes to property in 2021. "You've got to understand the supply chain, and the disruptors." [37.38] A key customer case study. [41.16] From an investment in tech to a commitment to innovation, what the future holds for Colliers.   RESOURCES AND LINKS MENTIONED: Head over to Collier's website to find out more and discover how they could help you too. Connect with Matt on LinkedIn, and follow Colliers. Check out our other podcasts HERE.