Sep 30 2015
– Recruitment strengthens CBRE’s strategy of regional growth
Bahrain – CBRE, the global real estate consulting firm, today announced two new appointments to its Bahrain business.
CBRE Bahrain, opened in 2008, now has a fast-growing team covering its core services: research and consultancy, valuation, asset services, property management as well as sales and agency. The Bahrain office also services Saudi Arabia and the addition of key team members further strengthens CBRE capabilities in the region. The new management appointments, within research and consultancy service line, reflect the increasing demand in the field. As developers and investment firms seek international expertise and development advice, CBRE Bahrain is well positioned to provide feasibility, best-use studies and market research to support development decisions for their clients, with an expanding team that includes key personnel with a wealth of experience.
With more than 10 years’ experience across the region in the real estate sector, which includes senior management positions at both Cluttons and Savills, James Lynn joins CBRE Bahrain as Director and Head of Research and Consultancy, covering both Bahrain and Saudi Arabia. In this role, James is tasked with utilising his knowledge of Middle Eastern markets, to deliver development services to public and private sector clients, covering a cross section of asset classes, including: residential, office, retail, hotel and industrial.
Orest Lachowycz joins as a Research and Consultancy Manager at CBRE Bahrain. He brings over a decade of experience of working within the region, with a background that includes market research and project management. As part of his profile, Orest will play a primary role in providing key information and advice to property owning clients. Forming an integral part of the professional services team, he will support the department in conducting research and analysis.
Commenting on the appointments, Richard Botham, Senior Director and General Manager, CBRE Bahrain, said, “These key appointments will strengthen CBRE’s efforts to further expand in the region and create a large footprint in providing consultancy services across the region, especially in the Kingdom of Saudi Arabia. James and Orest join us with a proven track record and invaluable experience in their respective fields, and I am confident their expertise will help produce proven results by providing the best-in-class consultancy services.”
The combined portfolio of properties managed by CBRE in Bahrain comprise almost 100,000m² of prime office space in commercial districts and retail malls; almost 300 residential units spread across the Kingdom in both compounds and apartment complexes, and more than 50,000m² of industrial and warehousing space. CBRE Bahrain, also, exclusively manages and leases the Enma Mall located in Riffa.
Celebrating its 10th anniversary in the region this year, CBRE Middle East’s highly experienced management team offers a full range of real estate services, including Valuation; Tenant Landlord Agency; Research Consultancy; Property Management; Project Management; Facilities Management; and Global Corporate Services.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and SP 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.bh
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