CBRE is pleased to announce a number of significant appointments and promotions to its New South Wales Capital Markets - Office team to enable the team to continue to provide market leading services to local and international clients.
Michael Andrews has been promoted to the newly created role as State Director, Capital Markets – Office and will work alongside Scott-Gray Spencer to form a strategic leadership partnership.
In his new role, Mr Andrews will be responsible for overseeing both the NSW team and CBRE’s strategic approach to servicing its institutional clients in Australia and abroad. Mr Andrews, who has more than 22 years of experience in commercial real estate, had been serving as Senior Director of CBRE’s International Investments team.
In addition to the promotion of Mr Andrews, James Parry, who was most recently Knight Frank’s Australian Managing Director of Capital Markets, will join CBRE in 2017 as State Director, Capital Markets – Office.
Thomas Gnieser will meanwhile return to CBRE’s Australian business to take on a new role as Senior Director, Capital Markets – Office. Mr Gnieser worked in CBRE’s Sydney International Investments team for nine years, prior to a role with Union Investment Real Estate Investments and his current position as a Senior Director in CBRE’s Capital Markets business in Japan. He has extensive experience with CBRE’s offshore clients.
CBRE’s President & CEO, Australia & New Zealand, Ray Pittman, said; “The appointments of James and Thomas, combined with Michael’s promotion and the experience, relationships and market leadership of Scott Gray-Spencer, Ryan Johnson and Sharon Yang in NSW, will strengthen our Capital Markets’ capabilities, further enhance our platform and ensure we are providing a cohesive, integrated and truly collaborative service offering to our clients.”
Mr Pittman added, “In addition, we continue to develop key differentiators in our business, including our Capital Advisors offering, which allows us to provide deal structuring advice as well as debt and equity solutions for our clients. When our Capital Markets team delivers a truly integrated client solution with business lines such as Capital Advisors, Asset Services, Advisory & Transaction Services, Global Workplace Solutions and Research, we can deliver powerful advantage to our clients.”
Bruce Baker, CBRE’s Senior Managing Director, Capital Markets, Pacific, said; “Michael, James and Thomas are all highly regarded by our clients and their extensive experience, market knowledge and collaborative approach position us offer a best-in-class Capital Markets service offering.”
“We are proud to have the strongest and most experienced Capital Markets – Office team in Pacific with our aforementioned operators in NSW in addition to Flint Davidson and Thomas Phipps in Brisbane; Mark Coster, Luke Etherington and Neva Courts in Melbourne; Alistair Laycock and Ian Thomas in Adelaide; Andrew Stewart in Canberra and Andrew Woodley-Page in Perth,” Mr Baker added.ABOUT CBRE GROUP, INC.
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 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 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.
