CB RICHARD ELLIS APPOINTS NEW MANAGING DIRECTORS

ข่าวทั่วไป Tuesday December 20, 2005 11:08 —PRESS RELEASE LOCAL

Bangkok--Dec 20--CB Richard Ellis (Thailand)
CB Richard Ellis is pleased to announce the appointments of Chris Brooke as the Managing Director for Greater China involving overall responsibility for the operations of CB Richard Ellis in Mainland China, Hong Kong and Taiwan, and Rick Santos as the Managing Director for Hong Kong, with effect from 1st January 2006.
Chris Brooke assumes this new position after having been Managing Director of China. As part of this previous role, he was responsible for the operations of CB Richard Ellis in China - Beijing, Shanghai and Guangzhou. He has led the China offices in their recent expansion strategy and has been heavily involved in the emergence of CB Richard Ellis as one of the leading real estate service providers in China.
Based in Beijing, Chris Brooke will drive the overall business expansion of CB Richard Ellis throughout Greater China, focusing on further implementing cross border strategies, and facilitating the inbound and outbound movement of investment capital across the region. He will also lead the expansion of the business of CB Richard Ellis into second tier cities in China, commencing with the opening of an office in Chengdu in January 2006.
In addition to his regional management role, Chris will continue in his capacity as the Executive Director of CBRE Consulting, Asia, involving the overall co-ordination of all assignments undertaken by teams within the CBRE Consulting business line across Asia.
“Over the years, in Greater China, we have aggressively implemented new business initiatives, encouraging each office to be domestically strong, regionally aware and globally linked. The appointment of Chris to the role of Managing Director for Greater China demonstrates CB Richard Ellis’s continuing efforts to further enhance the intellectual capability of our firm and to establish ourselves as the market leader in the real estate industry locally and regionally,” said Mr. Rob Blain, Chairman & CEO, CB Richard Ellis, Asia Pacific.
“His management credentials, successful track record, local market insight and commitment to building long-term collaborative relationships with clients will prove invaluable for the future development of the firm,” added Mr. Blain.
“The real estate markets in Greater China are experiencing rapid growth, attracting more international investors and foreign investment funds, and resulting in the development of sophisticated real estate ownership structures. In anticipation for the future, we continue to see further growth prospects in cross-border and cross-territory activity throughout the Greater China region. I look forward to strengthening our presence in the market place, and reinforcing our commitment to delivering unparalleled levels of service and professional standards” said Chris Brooke.
Chris Brooke is a Chartered Surveyor with over fifteen years of experience in various fields of the property industry. Since 1992 he has been providing consultancy and advice in relation to real estate issues in Hong Kong, China and the Asia Pacific region and has participated within assignments associated with market research, feasibility studies, land premium negotiations, investment transactions, development projects and joint venture agreements.
Rick Santos, previously the President and Managing Director of CB Richard Ellis’ Philippines office, will also assume the role of Chairman of CB Richard Ellis Philippines, and continue to serve on the Greater China Board, and the Asia Board.
With his appointment as Managing Director, Hong Kong, Rick Santos will play a key role in leading the office in the strategic, operational and human capital development to achieve greater business growth. He will also take charge of the cross-border investment team, focusing on the inbound and outbound movement of investment capital across Asia and the Sub-continent.
"In Hong Kong, we have continued to expand our business and enhance our service delivery standards to become a value-adding, professional services entity that is highly client-focused. The appointment of Rick to the role of Managing Director of our Hong Kong operations is a boost to our continued efforts to further enhance the intellectual capabilities of our firm, and establish ourselves as the market leader in the Hong Kong real estate industry," said Mr. Rob Blain, Chairman & CEO for the Asia Pacific region.
"Rick is one of the most respected and talented leaders in the real estate industry through his success in leading the Philippines team to close countless prime deals that have steered CB Richard Ellis into being The Philippines’ leading property consultancies,’ said Mr. Blain. “His impeccable reputation, successful track record and leadership skills will prove invaluable to the future development of the firm,” added Mr. Blain.
On his new appointment, Rick Santos added, “I am tremendously excited to be taking up this new role. It is both an opportunity and a challenge to further reinforce the company's reputation in its integrity and professionalism, and take our business to the next level.”
Rick Santos has over 16 years of experience in real estate markets, and has been a link partner to the emerging market countries (Philippines, India, Thailand, Indonesia, and Vietnam) since 2002. His success in investment sales in The Philippines has established himself as a reputable business entrepreneur in the industry. He began his CB Richard Ellis career in Hong Kong in 1994 and was awarded the “Global Achievement Award for Asia Pacific Cross Border Investment“ in 2000. He has spent his entire career in international real estate and business, having also worked in the UK, the US and Japan.
About CB Richard Ellis
CB Richard Ellis (NYSE:CBG), a FORTUNE 1000 company headquartered in Los Angeles, is the world's leading commercial real estate services firm (in terms of 2004 revenue). The company serves real estate owners, investors and occupiers by offering strategic advice and execution for property leasing and sales; property, facilities and project management; corporate services; debt and equity financing; investment management; valuation and appraisal; research and investment strategy; and consulting. Including partners and affiliates, the company has over 300 offices in more than 50 countries around the world.
CB Richard Ellis established an office in Bangkok in 1988 and in Phuket in 2004. CB Richard Ellis (Thailand) Co., Ltd. has grown to be a leading real estate services provider, offering a full range of services including sales and leasing for all types of property, property and facilities management, valuation and advisory, and research and consulting. For more information, visit the company's website at www.cbre.co.th.
* Includes partner offices
For further information:
Ms. Ngamjai Jearrajarat
Corporate Communications Manager
02 654 1111 Ext. 522
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