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CBRE raids Savills for Northern retail lead

CBRE has appointed Stephen Proudley as executive director and head of Northern retail.

Proudley joins the agency from Savills where he has been a director in the retail team for more than five years. Prior to this, he was head of North West transactional agency at Lambert Smith Hampton following the firm’s acquisition of Tushingham Moore in 2015. Proudley was one of five equity partners at Tushingham Moore, having joined in 1997.

At CBRE he will be responsible for the firm’s retail offering in the North, using his knowledge, regional expertise and extensive client relationships to further elevate CBRE’s market-leading position in the sector.

Key clients include Primark and Next.

John Ogden, managing director for the North at CBRE, said: “Stephen brings with him a wealth of experience and has become a recognised, trusted adviser to many leading retailers, notably in the North. His appointment adds regional depth and gravitas to our 125-strong retail team at a strategic, senior level, further enhancing our ability to provide best-in-class service to our clients.”

Proudley said: “It’s an exciting time to be working in the retail sector, following years of rapid change brought about by evolving consumer shopping habits and the growing demand for experience-led offerings. Activity levels are high, with occupiers seeing the true value of bricks-and-mortar stores and I’m really looking forward to joining CBRE at a time of significant opportunity.”

To send feedback, e-mail samantha.mcclary@eg.co.uk or tweet @samanthamcclary or @EGPropertyNews

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