CBRE names Axford as gobal research boss

CBRE has appointed Nick Axford to the new role of global head of research.

Axford currently leads CBRE’s research department for the Asia-Pacific business, and he will assume his new global responsibilities immediately.

Axford will have overall responsibility for managing the operations of CBRE global research. This includes, CBRE said, establishing a strategic plan that supports the company’s priorities and growth agenda, and serving as a resource for clients on global trends affecting commercial real estate.

Between 1998 and 2010 Axford led the property adviser's research team in Europe, the Middle East & Africa.

Raymond Torto will become global chairman of CBRE Research, and dedicate most of his time and attention to analytical and client service activities, including publishing analysis of market trends and speaking before client and industry groups

'We want to advance CBRE’s position as the leading authority on commercial real estate globally,' said Chris Kirk, CBRE's chief administrative officer. 'The creation of this new position and Nick’s appointment are key steps toward that goal. He and Ray are long-time colleagues who, working together, will help to further advance CBRE’s reputation for critical thinking and insight on commercial real estate trends worldwide.'

Axford is a graduate of Southampton University, where he earned his bachelor and doctorate degrees. He is an active participant in many of the real estate industry’s leading organisations, and is a frequent contributor to major conferences and media coverage on real estate topics.