Digby Flower and Andrew Parker are to leave CBRE to join Cushman & Wakefield.
Flower joins Cushman & Wakefield as a partner and head of London markets and Parker joins as a partner and head of City of London agency.
Digby Flower moves to Cushman & Wakefield after 17 years at CBRE, where he was a member of CBRE’s central London board. He has advised on a number of London’s most significant occupational deals, including Land Securities on the forward sale of Bankside 1 (500,000 sq ft ) to IPC, the preletting of New Street Square to Deloitte (255,000 sq ft) and Taylor Wessing (220,000 sq ft). He has also been involved in the leasing of a number of major tower buildings including 99 Bishopsgate (320,000 sq ft) and 125 Old Broad Street (325,000 sq ft) both for Hammerson.
Working for the occupier, he advised State Street on the forward purchase of 20 Churchill Place, Canary Wharf (360,000 sq ft), Mayer Brown on the preletting of 201 Bishopsgate (220,000 sq ft) and PwC on their lease restructuring at Embankment Place (365,000 sq ft).
Andrew Parker joins Cushman & Wakefield after 23 years at CBRE, during which time he advised on some of the largest leasing instructions in London, including British Land’s 590,000 sq ft Ropemaker and the leasing of the 540,000 sq ft Watermark Place on behalf of Oxford Properties/UBS. He has also acted on behalf of other landlords including Exemplar Properties, F&C Reit, Hammerson, Hermes, Land Securities, MGPA, St Martins Property Corporation and has been the long-term strategic property adviser to the Financial Services Authority.
Digby Flower will head Cushman & Wakefield’s London markets operations, comprising the agency, investment and development functions, and will work closely with James Young and other members of the senior team to spearhead the firm’s growth in London.
Glenn Rufrano, global president and chief executive of Cushman & Wakefield, said: “We have a strong foundation in London and the appointments of such top talent as Digby Flower and Andrew Parker, is a reflection of the strategic growth and change that is happening at Cushman & Wakefield.”
Paul Bacon, chief executive of Cushman & Wakefield EMEA, said: “In line with our global strategic plan, we have been steadily and successfully growing our presence in London in recent years to be on a par with our leading position in New York and other major cities. With the appointment of Digby Flower and Andrew Parker, two of the most highly respected agents in the market, we are well positioned to ensure Cushman & Wakefield becomes the leading real estate adviser in London.”
Cushman & Wakefield has instructions totalling 6.5m sq ft including JP Morgan’s 1m sq ft office portfolio in the City of London and 1m sq ft of offices at Westfield Stratford City.
james.buckley@estatesgazette.com
