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Global real estate advisor, CBRE, has promoted Lee Bruce to Head of UK Valuation & Advisory Services, effective immediately.
In his new position, Lee will drive improvement in efficiency and innovation within CBRE’s Valuation business and position it for the next phase of growth. He will also work closely with other leaders from across the business to drive greater synergies and create more integrated solutions for clients. This includes Capital Advisors as the team looks to grow its valuation services to lenders.
Lee, who is an Executive Director, joined CBRE 20 years ago and has held prominent leadership positions within the Valuation team, firstly as Head of Long Income Valuation and latterly as Head of Fund Valuation. Nick Knight, former Head of UK Valuation & Advisory Services, will be undertaking a new senior strategic role within the UK business.
I am proud to work with some of the most well-regarded experts in the industry who can offer unrivalled expertise across all sectors in which we operate. However, the Valuation industry as a whole is undergoing significant change, with the growth of technology, data and AI creating positive disruption, as well the new reporting regulations introduced by the RICS last year prompting operational change. It is therefore an exciting time to be taking on this new role and I am looking forward to leading our market-leading Valuation business through its next evolution of growth.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of 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.co.uk.