CB Richard Ellis’s north east managing director Charlie Wardroper has been appointed managing director of its business in Poland.
He will be in charge of growing the business in the country, where CBRE has had an office since 2008, expanding its services and growing its market share across the country.
‘The positive impact of European Union membership, coupled with preparations for the Euro 2012 football championships has attracted high levels of investment in Poland over recent years,’ said Andrew Ridder, CBRE’s central and eastern Europe chairman.
‘Although signs of the global financial and economic slowdown are now evident, business conditions remain relatively favourable.
‘As a result, while growth rates will slow, we expect to see continued appetite from foreign investors and occupiers looking to expand their business interests across the country.’
CBRE has 100 property advisors in Poland across offices in Warsaw, Poznan, Wroclaw and Krakow.
It advised on several significant transaction in the third quarter of this year, including selling GE Real Estate’s 400,000 sq ft 3 Stawy shopping centre to Union Investment Real Estate for E95m (£83m).