MORNING NEWS: Colliers’ focus ‘paying off handsomely’

Good morning, and welcome to your Friday round-up of news, views and interviews from EG, as well as some stories from the nationals. The chief executive of Colliers says the agency’s focus on recurring income streams is “paying off handsomely” as the company posts a rise in revenue over the start of the year. Outsourcing and advisory, investment management and leasing revenue all improved year-on-year, with only capital markets letting the side down. At CBRE, Louise Wyman has been promoted to head up the agency’s public sector work in the UK. Wyman said she is “excited to help bring greater investment and development to UK city regions”. This week’s big interview is with Ryan Simonetti, founder and chief executive of events space operator Convene. As the company opens its largest space yet in London, Simonetti has plans to double its global footprint. All the news from EG, plus a selection of headlines from the nationals:Advisory work drives revenue rise at ColliersConvene’s Simonetti: ‘We’re incredibly bullish on London’CBRE names Wyman head of public sectorElite Commercial REIT gets into action on repositioning driveHow historic building conversions can boost office returnsCarter Jonas opens first Manchester officeUKCM shareholders vote for Tritax mergerPBSA investment rockets to £750m in Q1Occupiers active in Cambridge but investors hold backMintridge to deliver 125 Bedfordshire homesCortland director joins Sir Robert McAlpine Capital VenturesSGS completes £445m shopping centre recapitalisationWarwick Acoustics expands at Midlands tech parkHollis names seven new directors in UK and IrelandCouncils slash housebuilding plans (£)Botched launch of UK’s largest indoor arena hits bum note for Manchester (£)Cost of Birmingham council equal-pay claim probably far lower than £760mn (£)Property trust pursues £500m London listing in rare boost for the City (£)