CBRE names head of UK investment properties

CBRE has promoted executive director Colin Thomasson to head of UK investment properties.  Thomasson will maintain responsibility for running the northern investment properties business, alongside his new nationwide role. He will continue to be based in CBRE’s Manchester office and will retain his role as lead adviser to the Greater Manchester Property Venture Fund. In his new position, Thomasson will drive improvement in efficiency and productivity across CBRE’s investment properties business, covering all sectors and locations.  He will work alongside Richard Dakin, head of the Capital Advisors division, to grow CBRE’s UK capital markets business.  Thomasson joined CBRE 12 years ago and has more than 30 years’ experience working in real estate investment. He is credited with playing an instrumental role in building CBRE’s northern investment properties business, which has executed more than £5bn in real estate transactions over the past four years.  He has been involved in some of the UK regions’ largest transactions over the past year, including the recapitalisation of the Bruntwood SciTech business, acting for the Greater Manchester Pension Fund, and the acquisition of 2 Ruskin Square, Croydon, for Pension Insurance Corporation.  Thomasson said: “It is no secret that the capital markets have been severely challenged over the past couple of years, but it is in times like these when our clients are looking for more integrated solutions across the entire capital stack.” He added that “as we look to the future, there are increasing grounds for optimism”. Photo © CBRE