CBRE’s specialist property finance unit, CBRE Capital Advisors, has launched a dedicated team in France under the watch of the firm’s former valuation advisory head Abdallah Ould Brahim.
The new French team will comprise four professionals in total, and will work as part of a wider pan-European team of 130 led in London by Richard Dakin. The French unit will focus on advisory services for all aspects of real estate finance including corporate finance, investment advisory and loan services.
CBRE Capital Advisors is aiming to expand its reach across Europe, where it now has a presence in six locations.
Ould Brahim joined CBRE in 2010 as head of advisory within CBRE Valuation France, following 12 years as a senior manager at PwC. He will be responsible for developing the pipeline of transactions that have been secured over the past year, working closely with CBRE’s French investment properties team.
CBRE Capital Advisors has transacted £12 billion of unlisted real estate equities across primary and secondary markets in EMEA since 2010 and sourced £28 billion of debt and structured finance globally between 2015 and 2016.
“The French market has considerable potential for development and growth and is a vital component in our strategy to expand Capital Advisors across the continent,” said Dakin. “Clients want a greater degree of optionality and our unrivalled expertise in both real estate and finance will strengthen our offering and help us to deliver distinct advantages for our clients.”
“The launch of Capital Advisors in France will allow us to better respond to our clients’ demands and will provide them with access to the latest innovations and the most efficient sources of financing, using the full power of the CBRE network,” added Fabrice Allouche, president of CBRE France.