Perth, 17 September 2013 – CBRE has further strengthened its position in the Perth retail sector by recruiting highly experienced property professional Craig Olde as Senior Manager – Retail Services.
Mr Olde has extensive experience in the London, Melbourne and Perth commercial property sectors and has joined CBRE after recently negotiating a series of deals in Perth’s Plaza Arcade.
CBRE Associate Director Richard Cash said Mr Olde would focus on CBD leasing in addition to leasing work associated with CBRE’s extensive Retail Management portfolio.
“Craig brings a wealth of experience to CBRE and has an in-depth understanding of the drivers of major clients from previous roles at organisations such as Stockland, one of Australia’s largest property developers,” Mr Cash said.
“He will benefit from the strength and reach of the CBRE national and international retail platform and the access this gives to global retailers, who are continuing to target opportunities in Australia.”
CBRE has been integral in bringing a number of international retailers to Australia including Zara, Top Shop and Uniqlo.
Joshua Loudoun, Regional Director CBRE Retail Services, said; “Craig will add additional strength to our national CBD leasing group. His considerable knowledge of the Perth retail market and relationships with major tenants will add considerable strength to our retail platform and allow us to further enhance our service offering to clients.”
Mr Olde has joined CBRE after negotiating a series of major deals in the Plaza Arcade introducing 7camicie, Friends of Fancy, Von Krahl, Safaa and In & Out Nails to slash the property’s vacancy rate.
“While conditions in the retail sector have been challenging, offshore retailers and emerging retail concepts are continuing to seek out opportunities in the Perth CBD,” Mr Olde said.
“The market is also expected to benefit from the limited new supply forecast over the next four years, which will underpin interest in available opportunities.”
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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 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 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 atwww.cbre.com.au.