CBRE adds to UK executive committee
Global real estate advisor, CBRE has today announced the appointment of Kaela Fenn-Smith as Head of UK Advisory & Transaction Investor Services and a member of its UK Executive Committee with effect from 1st November.
In this new role, Kaela will partner with CBRE’s investor leasing leaders and other experts across all sectors and geographies in the UK, and across its wider global platform, to develop and enhance the company’s services offer in the UK. Kaela will also play a key role in ensuring investor clients benefit from CBRE’s extensive occupier relationships and insights into the trends shaping markets and the future of leasing, including the transformation of retailing, the future of the workplace and sustainability, as well as key UK occupier growth sectors including UK life sciences and technology.
For 15 years, Kaela focused on large scale office and mixed-use developments in London where she had instrumental roles influencing some of the capital's most iconic buildings and submarket transformations. She was most recently Head of Commercial and a member of the London Executive Committee at LandSec, running its London business with responsibility for new revenue targets, capital value growth, leasing and marketing strategies and design development of its 3.5 million sq ft office and retail development pipeline between 2010 and 2017. Kaela also led the development of the company wide culture shift that put the customer at the heart of the business. Prior to LandSec, Kaela spent six years in office agency at JLL in London focused on large scale office developments, having started her career with CBRE in Canada leasing retail warehouse parks and shopping centres.
Throughout her career, Kaela has been a highly respected role model and agent for change for diversity and inclusion. She was appointed Managing Director of Real Estate Balance in 2018 and has worked with CEOs and leaders across the property sector to increase the number of women in senior positions and to help achieve gender balance and inclusive cultures across the real estate industry.
Ciaran Bird, Divisional President, CEO Advisory Services CBRE UK & Ireland, says: “We always strive to give our clients a significant competitive advantage by bringing them the very best of our wide-ranging consultancy and transactional expertise. Kaela will be a fantastic addition to our leadership team and will further strengthen our ability to deliver exceptional outcomes for our clients as they continue to navigate the significant changes and transformation occurring in many of our markets and sectors at this time.”
Fenn-Smith says: “I am thrilled to be joining CBRE and to have the opportunity to work across all sectors of the industry with a great team powered by an exceptional global platform and to use my experience to further strengthen CBRE’s ‘Client First’ approach in achieving the best outcomes for clients and their customers. Our industry is facing many challenges but also fantastic opportunities and being a member of the UK Executive Committee will be an opportunity to help drive positive change for the company, its people and its clients.”
“I have always admired how Ciaran and his team have led the way in improving diversity and inclusion within CBRE and across the industry as a whole and I am excited to get involved in helping them achieve their aspirations and take all forms of inclusion to the next level.”