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The global commercial real estate services and investment firm has appointed a new leader to drive growth in one of its key businesses in the Pacific region.
CBRE named Flint Davidson as its new head of capital markets in the Pacific, following what the firm described as an “extensive internal and external search”.
Kicking off his career with CBRE in 1997, Mr Davidson has led the firm’s Pacific Capital Markets Office business for the past five years.
During his time with the company, Mr Davidson has been involved in brokering some of the largest and most significant office transactions in Australia, including a key role in completing last year’s $1.15 billion Investa Gateway deal, the $1.025 billion sale of a 50 per cent stake in Melbourne’s Southern Cross Towers, and the $925 million sale of a half-share in Sydney’s Grosvenor Place.
Chief executive for Pacific advisory services Phil Rowland highlighted that Mr Davidson was the “standout candidate” to lead the capital markets team.
“He’s an incredible broker who is focused on client outcomes and has an in-depth knowledge and understanding of our business, the market and our customers.”
“We are excited about the future growth potential for our Capital Markets business under Flint’s leadership and have deep confidence in his ability to further strengthen our capability to serve our clients’ needs,” he stated.
Despite being part of the company’s pacific executive committee with his appointment, Mr Davidson will continue to actively interact with clients, according to CBRE, and will also remain involved in transacting major office deals.
Under the new role, Mr Davidson will extend his focus to other key parts of CBRE’s Capital Markets business, which the firm reported has topped the MSCI Real Assets rankings in Australia in 2022 with a market share of 28.4 per cent.
“I’m pleased to enter this next chapter of my career, leading CBRE’s Pacific Capital Markets business,” Mr Davidson said on his appointment.
Mr Davidson expressed confidence in the CBRE team’s strength, citing the latest MSCI Real Assets data that showed the company’s first-place ranking in Australia and the Pacific region and its leadership in five out of seven Capital Markets categories in Australia, particularly in the office, industrial, and hotel sectors.
“I’m looking forward to working more closely with the broader Capital Markets team to bring together our diverse and industry-leading offering to assist our clients to navigate the current environment,” he stated.
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