- Sep. 12, 2011 - SILICON VALLEY, Calif. --
Colliers International has joined with accounting and consulting firm Deloitte, Silicon Valley Bank and international law firm O’Melveny & Myers LLP to form a consortium to help clear the way for Chinese technology companies to establish and expand their presence in the Silicon Valley. The group’s purpose is to increase the number of Chinese companies doing business here and improve the local economy.
The consortium, officially known as “Silicon Valley-China Business Connect,” has been meeting over the past year and is planning a trip to China at the end of October. Their efforts to spearhead ties with Chinese technology companies are producing results, with more local corporations seeking to partner in the effort.
Mike Rosendin, a senior vice president at Colliers International in San Jose, is leading the efforts for his company. He recently told the Silicon Valley Business Journal that because China has a large technology industry with many growing companies, “it’s logical for them to think about Silicon Valley” if they expand to the U.S. He said the consortium’s efforts could “potentially”
drum up business for Colliers’ operations in China, but that is not the main objective. “The goal is to drive business here in San Jose,” he said.
Jeff Fredericks, Managing Partner of Colliers’ Silicon Valley office, commented, “The Silicon Valley is still the world’s leader in the design and advancement of new technologies. We believe this is not only an important step for Colliers, but also for the long-term economic health of our region and the country at large. I’m extremely proud of Mike’s efforts in taking the lead in building¬ business development with the technology sector in China.”
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Colliers International is the third-largest commercial real estate services company in the world with 15,000 professionals operating out of more than 480 offices in 61 countries. Colliers International focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and research. Commercial Property Executive magazine ranks Colliers International as the top U.S. real estate company and the Lipsey Company ranks Colliers International as the second most recognized commercial real estate brand in the world. For more information, please visit our Web site at http://www.colliers.com