CBRE has made a raft of promotions on both sides of the country, with three senior moves made in Queensland and a new office leasing leader appointed in Western Australia.
In the sunshine state, Bruce Baker will take on a new role as executive managing director Queensland and capital markets, with Chris Butters assuming the role as senior managing director Queensland alongside his Brisbane managing director responsibilities, and Coen Riddle taking over as Queensland state director of CBRE’s office leasing – investor business.
“Bruce has played an instrumental role in our business over his 15 years at CBRE, steering one of our highest performing geographies and our highly successful Queensland capital markets – office team,” said CBRE’s Pacific Advisory CEO, Phil Rowland.
“His new role will give him the capacity to extend his business impact and further leverage his market influence, with a focus on strategic recruitment, senior customer relationship management and talent mentoring.
“This will include early-stage engagement with new talent aligned to our business strategy, engagement with strategic customers, guiding our next generation of leaders and succession planning in key areas of our business as well as further enhancing our capital markets positioning.”
Butters will be assume the day-to-day Queensland leadership responsibilities after 12 years at CBRE. For the past five years he has led CBRE’s Brisbane office in addition to overseeing the Queensland office leasing – investor business.
“Chris is highly respected – both internally and by our clients – and is the stand-out successor for Bruce given his demonstrated leadership skills,” Mr Rowland said.
“Given Chris’ additional responsibilities, Coen will be assuming the Queensland Office Leasing – Investor leadership, drawing on his considerable client relationships and sector expertise.”
In a changing of the guard in Western Australia, James Phelan will succeed Andrew Denny as the new leader of CBRE’s state office leasing team.
After a long property career – including more than 30 years at CBRE – Denny has stepped away from the leadership role to focus on transactions, client relationships and mentoring.
CBRE’s WA senior managing director Lincoln Delahunt said, “Succession planning is a business-critical activity and it’s even more challenging when it involves someone of Andrew’s calibre, given his long stewardship and remarkable track record.
“In appointing James, we identified him as the readymade successor given his leadership qualities, strong reputation and deep understanding of the Perth leasing market.”
Phelan brings over 16 years of agency experience and has been a key member of CBRE’s WA office leasing team for the past six years.
“I’m excited to manage CBRE’s office leasing business in Western Australia. The team has over 85 years of combined experience and has never been in a stronger position. I look forward to building on this success working alongside Andrew and the rest of the team,” Phelan said.
