AMSTERDAM, 19 November, 2015 – CBRE Global Investors, one of the largest private managers of retail in Europe, has appointed Michael Matthews, in a newly created role, as Commercial Director Retail EMEA.
Mr. Matthews joins CBRE Global Investors from VF International where he is Senior Real Estate Manager looking after the Timberland portfolio. In this role he is responsible for the expansion and the optimisation of the existing portfolio as well as the restructuring of the VF International real estate approval processes.
Prior to this, he worked as Real Estate Manager for Apple Inc, where he was responsible for the expansion of Apple in the Netherlands, Norway, Sweden and the UK.
The newly created role of Commercial Director is part of the wider strategy to professionalise the retail business further in Europe. The addition of this role to the existing platform will help to drive strategic leasing within CBRE Global Investors’ Retail business line and ensure consistency and quality for our tenant account management across our portfolio. In his new role Michael will report to the Head of Asset Management Retail EMEA, Bas Tiemstra.
“With over EUR 14 billion of retail assets under management in EMEA, including over 7,000 tenant relationships, we want to build stronger partnerships with all our main retailers. Michael has a valuable track record of working with all major landlords in building and managing portfolios across all the major markets in Europe. We look forward to working with him to strengthen and grow our retail business going forward," said Bas Tiemstra, Head of Retail Asset Management EMEA.
Mr Matthews will start in his new role on 1 January 2016.
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About CBRE Global Investors
CBRE Global Investors is a global real estate investment management firm with $86.0 billion in assets under management* as of 30 September 2015. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.
CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBG). It harnesses the research, investment sourcing and other resources of the world’s premier, full-service commercial real estate services and investment firm for the benefit of its investors. CBRE Group, Inc. has more than 70,000 employees in more than 400 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com.
*Assets under management (AUM) refers to the fair market value of real estate-related assets with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice, and which generally consist of investments in real estate; equity in funds and joint ventures; securities portfolios; operating companies and real estate-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real estate market, and its calculation of AUM may differ from the calculations of other asset managers.