LONDON, 11th February 2020 – Global real estate advisor, CBRE has appointed Colin Waddell as Managing Director, CBRE Finland and Norway. Colin has been Managing Director of CBRE Finland for the past year and a half, having previously headed various business operations for CBRE in Central and Eastern Europe for 15 years. He will now lead both businesses, splitting his time between Oslo and Helsinki and continuing to work closely with the leadership teams in Sweden and Denmark.
The appointment follows John Solberg’s decision to leave CBRE after enjoying a highly successful career at CBRE spanning 12 years. He formally joined the business in 2016, through CBRE’s acquisition of Atrium, where he had been on the Board of Directors since 2008 and Managing Director since 2010. Since then he has played an integral role in growing CBRE’s Norwegian platform, working on strategic instructions with a range of clients including Norwegian blue-chip enterprises and international investors buying and selling real estate in Norway.
John Solberg, Former CEO, CBRE Norway commented: “CBRE is developing and reorganising its Nordic businesses and after a total of 10 years as the CEO of the Norwegian business, seeing it grow tremendously and being acquired by the NYSE listed global market leader, it is now time to move on. It feels great to have been part of all the company’s achievements and I am now excited to be able to use all I have learned to start looking at real estate from an investment and development perspective in the future.”
The new leadership structure strategically mirrors CBRE’s newly created pan-Nordic Capital Markets platform, which is being led by Sami Kiehela as well as the pan-Nordic team of research experts providing in depth data, market analysis and thought leadership, being led by Amanda Welander. The combined leadership role will enable CBRE to provide a fully integrated range of services to clients who are looking to take advantage of the highly active real estate market in the region.
Marco Hekman, Divisional President, Advisory Services, Continental Europe at CBRE commented: “I am delighted that Colin will be leading our Pan-Nordic team going forward. The Nordics are an important geographic focus for us and our clients and Colin’s leadership experience and collaborative approach are exemplary. We are very sad to see John go; he has made a tremendous impact on our business in Norway and I wish him every success in his future endeavours.”
Martin Samworth, Chairman, Advisory Services, APAC/EMEA at CBRE added: “I have enjoyed working with John, as a friend and a colleague, over the last nine years. His leadership of the business in Norway was a key factor in our investment there and our wider ambition across the Nordics. I am confident that the new leadership structure we have implemented will drive continued growth for CBRE in this strategically important part of Europe.”
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.