Anthony Randell will take over as leader of CBRE’s New Zealand business from early February, succeeding Andrew Stringer, who has led the business for almost 10 years and will leave the firm at the end of November.
Anthony joins CBRE from Precinct Properties, where he has been General Manager, Property since 2021, overseeing the group’s property teams across Auckland and Wellington and a portfolio spanning office, retail, co-working, hotel and joint venture assets.
During his 15 years at Precinct, Anthony held senior roles across investment analysis, development and portfolio management. He also brings an agency background in valuations.
CBRE’s Australia & New Zealand Advisory Services CEO Phil Rowland said the combination of agency and client-side experience made Anthony well placed to lead the business into its next phase.
“Anthony has an outstanding property pedigree and brings a combination of agency and client-side experience that is particularly compelling for our business,” Phil said.
“He understands the industry from multiple perspectives, from valuation and advisory through to investment, development and the ownership and management of major property assets.”
Phil said Anthony’s clarity of thinking about where the industry was heading, and the opportunities ahead for CBRE, had particularly impressed the business.
Anthony said leading CBRE’s New Zealand business was an exciting next step.
“I’m delighted to be joining CBRE and excited by the opportunity to lead a business with such a strong position in the New Zealand market,” he said.
“Having worked on both the advisory and ownership sides of the property industry, I’ve developed a real appreciation for the value that the best advisers can bring to clients, particularly as investment and occupier needs become increasingly complex.”
Phil also paid tribute to Andrew’s near-decade leading the business.
“Andrew leaves a great legacy at CBRE. Over almost 10 years he has led the New Zealand business with distinction, taken us forward in a very competitive market and diversified our offering,” he said.
“On behalf of everyone at CBRE, I want to thank Andy for his leadership and the contribution he has made to our people and our clients.”