07
March
2011
|
00:00
Europe/Amsterdam

CBRE APPOINTS LEADING PROPERTY EXPERT TO HEAD OF RETAIL

CBRE Continues to Attract Leading Commercial Property Talent

7 March 2011 | CB Richard Ellis (“CBRE”), the international commercial real estate firm, today announces the appointment of Michael Harrington as Executive Director and to the new role of ‘Pan Ireland’ Head of Retail with immediate effect. Based in Dublin, Michael will lead the Irish retail practice, establish a specialist Belfast retail division and work closely with Guy Hollis, Managing Director of Ireland, and Ciaran Bird, Head of UK Retail, to better align the Irish and UK retail practices. Michael joins CBRE from HWBC and brings with him a wealth of experience in the Irish retail sector gained over the last two decades having held previous positions with JLL, NCB Property and Palmer McCormack.

With a strong existing retail platform within CBRE Ireland, Michael’s appointment is a further step towards building CBRE into a clear market leadership position in the retail property sector, reflecting the company’s existing position as Ireland’s leading commercial property advisor. CBRE is committed to strengthening its teams across all commercial property sectors to become the number one commercial real estate advisor, not only in each market, but in every sector in which it operates.

Guy Hollis, Managing Director of CBRE Ireland, commented: “We are delighted to welcome Michael to CBRE and look forward to working with him. Michael’s broad retail expertise will enhance CBRE’s already well established retail practice. Market conditions continue to be challenging, however, as evidenced from our recent Bi-Monthly Research Report for March 2011, published earlier this week, we are now seeing increased interest from international retail chains in the Irish market and are increasingly well placed to capitalise on that growing interest.”

Michael Harrington, Executive Director and Pan Ireland Head of Retail, commented: “I am pleased to join CBRE and look forward to working with the team. It is both an exciting time to establish a specialist Belfast retail service offering and an opportune time for the retail sector on a pan Ireland basis with growing interest from international retailers.”

Pictured above: CBRE Getting Right To The Heart Of Retail With Appointment Of Leading Property Expert, Michael Harrington (right), pictured with Guy Hollis (left), MD, CB Richard Ellis Ireland on Dublin’s Henry Street

Strengthening CBRE Team
Michael Harrington’s appointment follows a number of recent senior appointments at CBRE’s Dublin and Belfast offices. CBRE Dublin has recently appointed Enda Luddy as Deputy Managing Director of CBRE Ireland, to lead and manage the development of CBRE’s Irish business in conjunction with Guy Hollis. CBRE Belfast has appointed David Wright as a Director and Gavin Elliot and Tim Reid as Associate Directors, Investment. This follows the appointments of Chris Callan, Gerard McCann and Ciaran Donnelly as Directors to CBRE’s Belfast office in 2010 from Whelan Property Consultants, formerly one of Northern Ireland’s leading and longest established property consultancy practices. In total, CBRE now has a team of over 140 property specialists across its Dublin and Belfast offices.

ENDS

About CB Richard Ellis

CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2010 revenue). The Company has approximately 31,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis 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 Web site at www.cbre.com


In Ireland, with offices in Dublin and Belfast, CB Richard Ellis is the country’s largest commercial real estate services company, now employing over 140 employees and offering a full range of property services including property sales and acquisitions, leasing and management, investment, corporate services, project management, consultancy, valuations and research. CB Richard Ellis Ireland has been listed among the Best Workplaces in Ireland, 2011, for the seventh year running. Please visit our website at www.cbre.ie or www.cbre.ie/ni


CONTACT:

Guy Hollis
Managing Director
Tel:+353 1 618 5500
Email:guy.hollis@cbre.com

Michael Harrington
Pan Ireland Head of Retail
Tel: +353 1 618 5712
Email: michael.harrington@cbre.com

Aisling O’Beirne
Marketing Director
Tel:+353 1 618 5525
Email: aisling.obeirne@cbre.com

Jonathan Neilan/Vicki Caplin
FD K Capital Source
Tel:+353 1 663 3680
Email:cbredublin@fd.com