Sydney, 25 August 2015 – CBRE has today announced the appointment of Yvonne Siew to a newly created role as Executive Director, International Capital, China.
Ms Siew has joined CBRE after a decade as head of the Asia Real Estate – Investments department at Citi Private Bank. She has more than two decades of experience handling industrial transactions for multi-national corporate clients, funds and institutions across Asia.
In her new role, Ms Siew will coordinate relationships and opportunities with private and institutional investors within the China market and facilitate these relationships throughout CBRE at a global level.
The appointment comes as outbound investment from China continues to surge, with capital flows to global real estate have increased from US$1 billion in 2010 to US$10 billion in 2014. That momentum has continued into 2015, with US$4 billion in China outbound investment in Q1.
Mark Granter, CBRE’s Executive Managing Director of Capital Markets, Pacific said Ms Siew’s appointment would further strengthen CBRE’s ability to facilitate these capital flows and build on existing client relationships.
“Australia attracted 15% of the China outbound investment in commercial real estate last year last year and over one-quarter of the US$4 billion invested in Q1 2015. Yvonne’s appointment will ensure that we can continue to assist our growing Chinese client base and have the best platforms to continue to deliver advantage to our clients,” Mr Granter said.
Ms Siew will commence with CBRE on September 1, based in Shanghai, China.
For Australian/international news or global stories, follow us on Twitter. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.About CBRE Group, Inc.
