Colliers International Officially Launches Its Albania Office Today

Tirana, Albania, May 24, 2008 --(PR.com)-- Colliers International, the biggest international property consultancy in Southeast Europe, is holding the official launch party for its Albania office today. Leading figures from public life are expected to attend. The event is taking place at the Millennium Cinema in Tirana at 1900 and all media are welcome.

Colliers International Southeast Europe has been instrumental in the development of the largest and market-defining projects in the countries in which it operates – for example, Business Park Sofia, Airport City Belgrade, and Avenue Mall in Zagreb. Colliers International Albania will undertake similar major projects in Albania - it already has as its keynote project the first international standards shopping mall in Albania, City Park Tirana.

Colliers International Southeast Europe was named Property Consultant of the Year for the region in 2008 for the third straight year. It has ten offices in six countries: Albania, Bulgaria, Croatia, Greece, Montenegro and Serbia, and performs selected assignments in Slovenia, Bosnia & Herzegovina, FYR of Macedonia, and Cyprus.

Colliers International Southeast Europe currently has 3,000,000 m2 of projects under exclusive representation. It is bigger than all three of its nearest competitors put together, and has averaged growth of 69% in the last five years per annum.

Philip Bay, Regional Director of Colliers International Southeast Europe, Managing Director of Colliers International Albania and President of the American Chamber of Commerce in Albania, commented, “Colliers is the only international property consultancy to have its own office in Albania, and we have actually been operating here for many years. We are very confident that Albania has a bright future and can look forward to sustainable growth.”

Stela Dhami, General Manager of Colliers International Albania, added, “Colliers International Albania is already the leading player in the retail and office sectors in Albania and we look forward to announcing more major projects that will benefit the wider community here.”

Colliers International is a worldwide affiliation of independently owned and operated companies.

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