CBRE has welcomed back retail property professional Neil Proudlove, who has been appointed regional director of the retail investments team.
Proudlove has close to 30 years property experience and has rejoined CBRE after seven years in the private sector as general manager of Precision Group, the highly successful investment company owned by property entrepreneur Shaun Bonett.
Prior to Precision, he worked in various roles at CBRE, commencing as a valuer in 1994, before being promoted in 2000 to the newly created CBRE role of senior director retail investment sales. Over the five years, he was involved in over $3 billion in shopping centre transactions, including some of the largest Sydney retail sales at that time: Chatswood Chase, Sydney Central Plaza, Centrepoint, Harbourside and Birkenhead Point.
“I am very excited to be returning to CBRE. The role of regional director retail investments will give me the opportunity to once again work alongside some of the property industry’s most respected professionals, many of who I can call friends as well as clients and colleagues. At the same time, returning to agency allows me to rekindle my passion for selling real estate in the specialised retail investments sector of the market.” Proudlove said
CBRE Australia & New Zealand CEO Tom Southern said the appointment would add significant firepower to the firm’s retail investments offering.
“Neil’s appointment further strengthens that platform, particularly at the top end, and highlights our commitment to enhancing the service we can offer to clients across the entire spectrum of retail investments.”
CBRE’s retail investments national director Steve Lerche will work alongside Neil Proudlove.
“CBRE recognises the opportunity to continue building our market share. With the senior appointment of Neil, both I and CBRE’s nationwide Retail Investments team are very excited about the future of the business and its continued growth in 2013 and beyond,” Lerche said.
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