Matt Willcock will become managing director - Scotland on 1 January 2025, taking over the reins from David Smith who has been at the helm for two years. David will continue to be part of the senior leadership team, taking on a new role focusing on capital markets and development spanning offices, industrial & logistics, retail, and living sectors.

Joining CBRE in 2012, Matt has held key leadership roles across the London and regional business but more recently in Scotland, playing a pivotal role in driving a client-centric culture, implementing exciting growth strategies and fostering high-performing teams.

In his new position, David will deepen integration with CBRE’s global network and leverage international connections to further elevate Scotland’s attractiveness to capital. Stevie Newlands will continue to lead the investment team.

Matt Willcock said: “The Scotland business has incredible potential and I am honoured to be taking over at such an interesting time in the market, building on the strong foundations laid down by David. The opportunities to drive forward new strategies that deliver value to our clients, empower our team and support sustainable growth are vast and I look forward to working with talented individuals to achieve our ambitious goals.”

David Smith added: “Matt brings an abundance of energy and dedication to the Scotland team and I have full confidence that under his leadership our business will continue to thrive. I am looking forward to supporting these efforts, collaborating with our UK and international capital market teams to build Scotland’s profile on a global stage, unveiling the wealth of untapped investment and development opportunities.”