Colliers International Group Inc.

Hello, and welcome to Collier's International Second Quarter 2021 Investors Conference Call. Today's call is being recorded. Legal counsel requires us to advise that the discussion scheduled to take place today may contain forward-looking statements that involve known and unknown risks and uncertainties. Actual results may be materially different from any future results. Performance or achievements contemplated in the forward-looking statements Additional information concerning factors that could cause actual results to materially different for those in the forward-looking statement is contained in the company's annual information form as filed with Canadian Securities Administrators in the company's annual report on Form 40F as filed with the U.S. Securities and Exchange Commission. As a reminder, today's call is being recorded. Today is August 4, 2021. And at this time, for opening remarks and introductions, I would like to turn the call over to the Global Chairman and Chief Executive Officer, Mr. Jay Hennick. Please go ahead, sir.

Thank you, Operator. Good morning, and thanks for joining us for this second quarter conference call. I'm Jay Hennick, Chairman and Chief Executive Officer of the company, and with me today is Christian Mayer, Chief Financial Officer. As always, this call is being webcast and is available in the investor relations section of our website. A presentation slide deck is also available there to accompany today's call. As you know, earlier today, Collier's reported robust second quarter results with strong momentum across all service lines. During the quarter, both capital markets and leasing were up materially, versus the prior year, and when comparing the results to the same period in 2019, pre-pandemic, revenues from capital markets were also up materially, while leasing mostly recovered, although slightly still below the 2019 levels. Our outsourcing and advisory and investment management service lines posted strong high-teens internal growth versus the prior year. Investment management had another record-breaking fundraising quarter, raising more than $2 billion and bringing total assets under management to more than $44 billion. And both Collier's Engineering and Design and Collier's Mortgage delivered excellent year-over-year performance as we continue to accelerate the growth of these business lines for the future.

Ladies and gentlemen, please stand by. Your conference will resume momentarily. Please stand by. You may proceed.