CPABC Industry Update Summer 2015 - BC Real Estate Industry | Page 16

Building BC Members share their perspectives on BC’s real estate industry I ndustry Update spoke with members working in real estate and development to gain their insights into the industry, its future outlook, and areas of growth. Recently, we spoke with Lynn Cook, CPA, CGA, chief financial officer, US at Colliers International, and Cynthia Lim, CPA, CGA, partner and chief financial officer of PCI Developments Corporation. Industry Update: Can you give a brief overview of your organization and your role within it? Lim: PCI Developments Corporation is a Vancouver-based merchant real estate developer and investor. We specialize in urban transit-oriented, mixed-use developments and value-added repositioning of existing buildings. Our projects are often completed in close collaboration with anchor commercial tenants with project costs ranging from $10 million to $400 million. At PCI, I am a partner page 16 | I N D U S T R Y U P D AT E and chief financial officer and my responsibilities include overseeing operations, human resources, budgeting, and financing. Cook: Colliers is a global leader in commercial real estate services, with more than 16,000 professionals operating out of 67 countries. Colliers delivers a full range of services to real estate occupiers, owners, and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales, valuation, consulting and appraisal services, mortgage banking, and research. As chief financial officer of the US business, I’m a member of the executive leadership team for our largest region. I am involved in strategic planning and accountable for the financial performance of the business. A large part of my role is mergers and acquisitions as we continue to rapidly grow our business.