Global real estate companies create alliance to bring resort expertise to Asia Pacific



    Colliers International and Playground Real Estate set sights on
    playgrounds of the rich and famous

    VANCOUVER, June 18 /CNW/ - Leading Canadian-based resort real estate
broker Playground Real Estate Inc., an Intrawest company, has partnered with
Collier's International to bring their combined expertise in the experiential
resort real estate market to Asia Pacific, beginning in New Zealand and
Australia.
    The Colliers-Playground Asia-Pacific venture pairs two of the world's
leading experts in resort management and marketing. With 53 offices in Asia
Pacific and 267 offices worldwide, Colliers International offers a full range
of property services: sales, leasing, property and project management,
valuation, research and consultancy. The firm's expertise stretches from
general agency services in the commercial, industrial, retail and residential
sectors to specialized support, such as consultancy, corporate services,
portfolio management and facilities management. In Australia and New Zealand
Colliers International is the leading professional property services provider
with almost 1,000 professionals across the two countries.
    "Playground has a history of connecting people with the ultimate places
to play," said James Horne, Colliers International's President. "They offer
the best knowledge in the world in this field. They know what people want and
they know what works."
    Playground is the premier provider of envisioning sales and marketing
services worldwide to developers of the world's ultimate playgrounds.
Playground's intellectual property includes the unique resort real estate
legacy passed down by Intrawest, the world leader in destination resort and
leisure travel, renowned for Whistler Blackcomb, Mammoth Mountain, and
Tremblant. Playground selectively works with developers to provide access to
the world's best resorts, connecting people with the ultimate places to play.
Established in 2001 by Intrawest, Playground has successfully sold properties
in world class communities including Maui, Whistler, the French Alps, Napa
Valley, San Diego, Orlando, Aspen, Vail, Winter Park, Mauritius, the Caribbean
and Mexico.
    "We are excited to bring Playground's unique methodology and combined
experience to another part of the globe," said Stuart Carson, newly appointed
President of Colliers-Playground Asia-Pacific. "With our inaugural project,
Jacks Point, we look forward to connecting New Zealanders and the
international community to one of the earth's greatest places to play, all
within a world class resort."
    Jacks Point will become one of the world's ultimate experiential
destination resorts combining a unique vision with a stunning location,
offering mountain and lake views set over 3,000 acres of countryside. Located
on the shores of Lake Wakatipu and overlooked by the Remarkables mountain
ranges, Jacks Point is approximately 15 minutes drive from Queenstown.
    The master-planned community will feature a $1-billion village centre
including boutique stores, restaurants and private residences.
Colliers-Playground Asia-Pacific has joined forces with Equity Partners, Darby
Partners Ltd. and Fletcher Construction to develop the resort. With Air New
Zealand scheduled to begin direct service direct from Vancouver to Auckland
later this fall, getting to Jack's Point will be easier than ever.

    About Colliers International

    Colliers Macaulay Nicolls Inc. (CMN) and certain of its subsidiaries are
independently owned and operated businesses and member firms of Colliers
International Property Consultants (CIPC), an affiliation of independent
companies with over 267 offices throughout more than 57 countries worldwide.
CMN is the largest member firm of CIPC and provides a full range of services
to real estate users, owners and investors worldwide. These services include
brokerage, property management, hotel investment sales and consulting,
corporate services, valuation, consulting and appraisal services, mortgage
banking and research. Through greater knowledge and specialization, CMN
strives to accelerate the success of all its clients, partners, professionals,
management and staff. CMN is a FirstService Company (Nasdaq:   FSRV; TSX:
FSV.SV) and can be found on the Web at http://www.colliersmn.com.

    About Playground

    Playground New Zealand Limited., an Intrawest company, part of the
Playground group of companies, is the premier provider of real estate sales
and marketing services for destinations world-wide. With offices spanning the
globe in Vancouver, Montreal, Orlando, Reno, Denver, and Lausanne, the
companies are dedicated to fulfilling a mission of "connecting people with the
ultimate places to play". The companies provide a unique breadth of properties
from beach and mountain destinations, to golf and urban locations. Playground
is currently offering ownership opportunities in world-renowned Whistler
Blackcomb-North America's most popular mountain resort; Honua Kai - the only
new condo hotel to hit Ka'anapali Beach, Maui in more than 20 years; and
Florida's Sandestin - 2,400 acres including white sand beaches and world-class
golf. Playground is also proud to be the licensed broker for the Westin's
properties in Orlando and Napa Valley, and for Edenarc 1800, a four star
resort located within the popular village of Arc 1800 in the French Alps. To
learn more about Playground visit www.playground.com.





For further information:

For further information: Angela Nielsen, Playground Limited Partnership
(Vancouver), (604) 675-7546; Phoebe Miller, Colliers International
(Australia), 02-9257-0276

Organization Profile

PLAYGROUND REAL ESTATE INC.

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Colliers International

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