CBRE has opened its residential projects division in Parramatta and appointed Paul Tutt and David Lee to lead the new office.
CBRE residential projects managing director David Milton said the launch was consistent with the firm’s strategy of expanding its geographical service offering to provide comprehensive real estate solutions.
“The Parramatta division further extends CBRE’s reach in residential projects marketing and coincides with solid growth forecasts for Western Sydney apartment sector.
“The Western Sydney market has traditionally been worked by local agents and financial planners selling “high cost solutions” whereas CBRE’s offering will be very cost effective,” he added.
“Paul and David have both been with CBRE for over four years and are both leading property agents in the industry, bringing over 15 and 21 years respectively of industry knowledge and experience to the new role,” Milton said.
Property Review