Vicinity Centres senior executive James Douglas will join CBRE next month as Senior National Director, Retail Capital Markets, Pacific.
CBRE has signalled its intention to bolster its Asia Pacific capabilities within the retail and mixed-use sectors with the appointment of James Douglas as Senior National Director, Retail Capital Markets, Pacific.
Mr Douglas has spent the past 12 years with Australian REIT Vicinity Centres, during which time he has been involved in more than $14 billion of property transactions, including the $1 billion asset swap between Vicinity and GIC, through which Vicinity acquired an interest in Sydney’s Queen Victoria Building.
His move to CBRE follows the recent recruitment of industry leader Simon Rooney to run CBRE’s Retail Capital Markets business.
In his new role, Mr Douglas will be based in Sydney and will report to Mr Rooney.
CBRE’s Pacific Head of Capital Markets, Mark Coster, said the appointment highlighted the company's ongoing focus on attracting the leading talent in our industry.
"James will work closely with Simon delivering exceptional outcomes for our clients as the retail market recalibrates and high-quality shopping centre trades continue to occur across both Australia and New Zealand," he said.
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