CBRE has promoted James Parry to lead the Pacific capital markets office team, taking the reins from Flint Davidson, who has assumed the broader role of CBRE’s Pacific head of capital markets.
Parry has over 24 years’ experience in institutional office investment sales handling the sales of 45 Clarence St, Sydney ($530 million), Liberty Place ($410 million) and 388 George St ($460 million).
He will be supported in his new role by CBRE’s office leaders: Peter Chapple (Queensland), Kiran Pillai (Victoria), Nic Purdue (Australian Capital Territory), Ian Thomas (South Australia), Aaron Desange (Western Australia) and Brent McGregor (New Zealand).
The appointment follows a rebound in the office sector $8.4 billion worth of assets changing hands in 2024 – up 56% year on year.
“While the office sector has shown signs of recovery, we anticipate that office investment volumes will remain constrained in the short term. In this environment, having a team of highly experienced experts in every state will be a key differentiator in creating successful outcomes for our clients.” Parry concluded.
