Colliers wins in court case reverse

Colliers International (Colliers), the US-based real estate services firm, has won its case at the Court of Appeal in London, with a unanimous verdict that its valuation of a German mixed-use property at €135 million in 2005 was correct. The latest case was the result of an appeal by Colliers following a High Court ruling last year that that it had over-valued a complex mixed-use property in Nuremberg, Germany, by €32 million.