Rhodri Davies appointed lead of CBRE’s UK Retail team
As part of a wider reshuffle amongst CBRE’s corporate structure, Rhodri Davies has been promoted to become Head of the firm’s UK Retail Investment team. The appointment follows the relocation of predecessor Phil Cann, who became CBRE’s new Head of UK Investment Properties.
Rhodri Davies joined CBRE in 2010, and with this most recent assignment has risen to the Head of the firm’s UK Retail Investment team. During his tenure, he has provided advisory services to investors in some of the country’s largest shopping centres, retail parks and factory outlets. Projects for which he has provided consultancy include the sale of QICs 50% interest in the intu Merry Hill shopping centre for £410 million, the purchase of intu Bromley for £236 million and the purchase of Grand Central in Birmingham for £345 million. Earlier in his career providing advice to the building sector he worked for Jones Lang La Salle.
Initially working with the pharmacy sector, Davies attended the University of Surrey, King's College London and the University of London.
Davies succeeds Phil Cann, who recently moved to the role of UK Head of Investment Properties, and his appointment has become effective from the 1st of June. Davies takes on the task of continuing to build the company’s presence in the segment during a period of increasing uncertainty – as inflation and low wages begin to place constraints on consumers, and potentially the retail segment more widely.
Commenting on the appointment of Davies, Ciaran Bird, Managing Director of CBRE UK said, “Our retail team has gone from strength to strength during Phil’s tenure and I am delighted that Rhodri has agreed to take on this important leadership role to spearhead the growth and development of our unrivalled retail offer and ensure we continue to provide best in class advice and service to our retailer and landlord clients.”