Press Release
CBRE appoints new valuation leader
Australia
December 13, 2023
Media Contact
Communications Director, Pacific

CBRE has appointed Stephen Thomas to head its market-leading Commercial Valuation & Advisory Services business in Australia.
Mr Thomas brings over 26 years’ experience to the role, most recently as CBRE’s National Director of Institutional Valuations.
In tandem, Kyle Richardson has been appointed to a new senior role as National Director – Government & Specialisations to drive strategic opportunities in new market sectors while Jane Devereux will take on a on a newly created position as National Director, Commercial Metro, Valuation & Advisory Services.
CBRE’s Senior Director, Valuation & Advisory Services, Duncan Guthrie said, “Our people are at the heart of our business and we’re fortunate to have some of the leading talent in our industry. Our new leadership structure will further enhance the services and support we provide to our clients as they navigate ever changing market conditions.”
In his new role Mr Richardson will ensure greater alignment in CBRE’s government offering and oversee Valuation & Advisory Services in Communities & Specialised Assets, including Retirement & Healthcare, the Living Sector and Residential Development.
Ms Devereux will steer CBRE’s expanding activities in the Commercial Metro market, with a strong focus on platform, client delivery and performance.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of 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.