Global real estate advisor, CBRE, has promoted Colin Thomasson to head of UK investment properties.
Thomasson, who is an executive director, will maintain his current responsibility for running the Northern investment properties business, alongside his new nationwide role.
He will continue to be based in CBRE’s Manchester office and will retain his role as lead advisor to the Greater Manchester property venture fund.
In his new position, Thomasson will drive improvement in efficiency and productivity across CBRE’s investment properties business, covering all sectors and geographies.
He will also work alongside Richard Dakin, head of capital advisors, to drive the continued growth and success of CBRE’s UK capital markets business.
Together they will ensure clients consistently have access to a full suite of capital markets products including sale and acquisitions, debt, equity raising, M&A and restructuring, and receive an integrated, holistic service offering across all sectors and geographic markets in which CBRE operates.
Thomasson joined CBRE 12 years ago and has over 30 years’ experience working in real estate investment.
He has been instrumental in building CBRE’s Northern investment properties business, which has executed over £5 bn (€5.84 bn) in real estate transactions over the past four years.
He has been involved in some of the UK regions’ largest transactions over the past year, including the recapitalisation of the Bruntwood SciTech business acting for GMPF and the acquisition of No.2 Ruskin Square, Croydon for PIC.
Said Thomasson: 'It is no secret that the Capital Markets have been severely challenged over the past couple of years, but it is in times like these where our clients are looking for more integrated solutions across the entire capital stack.
'I am delighted to be taking on this new role and working with our market-leading teams across the UK to ensure our clients have access to our full spectrum of capabilities and to further differentiate ourselves from our competitors in terms of the optionality and capital solutions we can provide.
'As we look to the future, there are increasing grounds for optimism and CBRE is exceptionally well-positioned to provide insightful advice to our clients, especially in those sectors benefiting from structural tailwinds including logistics warehouses, data centres, life sciences and the living sectors.'
