Global property brokerage Colliers International has put its managing director for North China in charge of a new national business platform to strengthen its valuation and advisory services.
The NASDAQ-listed firm announced that it has named Li Jie to a dual role including Head of Valuations & Advisory Services (CIVAS) China. The new platform provides advisory services for domestic firms, including state-owned enterprises (SOEs), and multinationals operating in China.
The CIVAS business will specifically focus on those companies that have decided to align themselves with China’s multi-trillion-dollar Belt and Road Initiative, the global infrastructure project that was enshrined in the country’s constitution last November.
Colliers Creates New Role for Advisory Pro
“Colliers’ CIVAS China business delivers strategic insight and advice to clients,” commented David Hand, the agency’s Asia Pacific CEO. “Li Jie’s elevation to this new role gives us the proven leadership, sectoral expertise and platform to support even more of China’s largest SOE’s, developers and investors as they continue to grow and expand nationally and internationally.”
Based in Beijing, Li left rival brokerage JLL in August 2016 to join Colliers as managing director for its North China business in August 2016. The graduate of Shanghai’s Tongji University and Cornell University in the US had served JLL for over 15 years, including running the firm’s Wuhan operation since 2012 and heading its strategic consulting team since 2005.
Li, who has led strategic projects for clients across Asia, Britain and the US, will bring his extensive advisory experience to bear in the expanded role, working with Colliers’ existing Asia CIVAS leadership and clients to grow and enhance the company’s real estate advisory services in China.