CBREs Residential Projects team targets ongoing opportunities in mainland China
CBRE's Residential Projects team targets ongoing opportunities in mainland China
| 9 August 2016
CBRE Residential Projects has announced plans to develop a new business venture to enhance the team’s already strong presence in mainland China.
Headed by leading agents Peter Li and Tiffany Peng, the new division will focus on generating further exposure through direct partner channels to enhance the team’s retail presence.
CBRE Residential Projects Chairman Justin Brown said the plans highlighted ongoing confidence in mainland China as an area of continued growth for the firm’s Residential Projects business.
“Our expectation is for continued strong buyer demand, driven by globalisation and the ongoing desire foreign families have to reside, conduct business and pursue education opportunities abroad,” Mr Brown said.
“CBRE Residential Projects is the largest residential project marketing business in Australia and the addition of Peter and Tiffany to the leadership team will continue to strengthen this position and add further opportunities for our clients.”
Mr Li and Ms Peng – previously Senior Sales Executives with the CBRE Residential Projects team – have been promoted to Director roles to drive the new venture.
This follows their strong sales performance under the leadership of Janelle Zhang, Managing Director of CBRE’s highly successful Chinatown office in Sydney.
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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 (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 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.