CBRE APPOINTS PHILIP SHEILDS TO BOOST SPECIALIST MARKETS CORPORATE FINANCE OFFER
Global real estate advisor CBRE has today announced the appointment of Philip Shields as a Senior Director within its Capital Advisors team with responsibility for the origination and execution of corporate finance assignments and debt mandates for clients in the Specialist Markets sector encompassing Healthcare, Leisure, and Pubs.
Philip is joining CBRE from PwC in London where he helped lead the Real Estate M&A team for the past two years. Prior to PwC, Philip had a successful 20-year career in investment banking in Australia, US and London which included senior roles at Credit Suisse, Merrill Lynch and Deutsche Bank.
In his new role, Philip will be a member of the 70-strong Corporate Finance team working with Tim Ryan, Head of Strategic Advisory, CBRE Capital Advisors and with David Batchelor, Head of CBRE’s market-leading UK Specialist Markets team. CBRE’s UK Specialist Markets team provides Transactional and Advisory services for operators, investors, and lenders across all specialist real estate markets.
Philip’s appointment strengthens CBRE’s service offer for an increasing number of clients seeking corporate finance expertise on origination and execution of complex corporate acquisitions and divestments, equity raisings and debt and structured finance advisory.
It is imperative that we continually evolve the advice we provide to our clients to give them a competitive advantage in what is an extremely dynamic sector. Philip’s excellent track record in corporate finance and strategic advisory combined with our team’s in depth real estate knowledge and sector expertise, creates a powerful service offer for our clients.
Philip Shields added: “I am delighted to be joining CBRE and to have this opportunity to work with the market leaders in real estate and specialist market asset classes and to be able to provide clients with innovative property financing solutions that give them an edge in the market.”
CBRE has advised on several major specialist market deals in 2017 including being lead advisor for Phoenix Equity Partners and Porthaven Group Holdings, owner and operator of premium quality care homes on its sale to Fremont Realty Capital and co-investors with over 500 residents; advising Willmott Dixon on the sale of 70% of its residential development business across 12 projects to a leading Malaysian developer, Eco World International and the disposition of Spain’s largest student accommodation platform (9200+ beds) for £450 million.
This appointment follows the recent hire of Paul Coates within CBRE’s Capital Advisors team as Executive Director and Head of Debt and Structured Finance EMEA.