Colliers (NASDAQ AND TSX: CIGI), the leading diversified professional services and investment management company, has announced the appointment of Raja Alameddine as Chief Executive Officer in the MENA region, effective immediately. Colliers partnered with Eltizam Group, the region’s largest physical asset management company early in 2022 and now strategically sits under the iREC Holdings division, part of the Eltizam Group.
Alameddine joins Colliers with over 30 years of experience in the real estate industry and is an expert in various asset classes, including master-planned cities and large-scale mixed-use communities. With a background in real estate development and investment banking, Alameddine’s expertise will be instrumental in accelerating the growth in the region and taking the business to new frontiers.
“We are delighted to have Raja Alameddine on board as the CEO for Colliers in the MENA region and to have his expertise available to the wider Eltizam Group. Alameddine has extensive geographical mobility and his regional leadership will not only lead us to push boundaries, but will also inspire the wider team with his wealth of knowledge,” said Naser Barhoum, Divisional CEO, iREC Holdings.
Alameddine commented: “I am honoured to be appointed as the CEO of Colliers in the MENA region. Colliers provides more than a strong foundation; its inclusive culture, pivotal strategies and resilient business acumen are all aligned with my vision of a revolutionary tomorrow. I look forward to this empowering opportunity and to building on a proud history of more than 30 years, while delivering outstanding value to all our stakeholders.”
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 63 countries, our 17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of 20% for shareholders. With annual revenues of $4.5 billion and $81 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people.