CBRE Hotels has further strengthened its Pacific Capital Markets team with the appointment of highly experienced hotel professional Vasso Zographou.
Mr Zographou is an industry stalwart with 30 years of experience across all aspects of the hotel industry, acting for owners, financiers and hotel operators.
He was most recently a director at Savills Hotels, Australia & New Zealand, following high profile former roles as Executive Vice-President and Chief Financial Officer, Asia Pacific, for the Carlson Rezidor Hotel Group (now Radisson Hotel Group), as a Partner of Horwath Sydney Chartered Accountants and as joint Managing Director of Horwath HTL Australia.
CBRE Hotels Managing Director Michael Simpson said Mr Zographou would be responsible for hotels and leisure investment transactions as well as a wide range of advisory services in his new Sydney-based, CBRE Director role.
“Vasso brings decades of experience across transactions of all sizes, including sales of existing hotels and development projects,” Mr Simpson said.
“He is regarded by clients as a trusted adviser who couples his tenacious transaction skills with experience in hotel due diligence, operator selection, asset management and via his roles as a Receiver and Manager in the 90’s and early millennium on most of Australia’s major distressed hotels. These broad skills will be a differentiator for our Hotels business in the current climate.”
The CBRE Hotels team is the largest in the Pacific region, with representation in Sydney, Melbourne, Brisbane, Perth and Auckland.
Mr Zographou is the latest in a series of high-profile recruits to join CBRE Hotels, following the appointments of former Savills Hotels Managing Director Michael Simpson, Savills Hotels Director Raymond Tran and JLL Hotels Vice President Tom Gibson.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.