New Head of Client Accounting Services Appointed within CBRE’s Expanding Asset Services Division. Dublin, 2nd December 2014 – CBRE has strengthened its Asset Services team with the appointment of Paul Whelan, as Senior Director, Head of Client Accounting Services.

Heading up a young and dynamic team of 10 dedicated client accounts staff, Paul’s role is to oversee the client accounting and financial reporting function of the company’s growing asset services division. Providing a fully out-sourced solution for the day-to-day management and provision of asset value enhancement strategies to achieve the best possible return on clients’ properties, CBRE's Asset Services, with a team of over 35 experienced property managers and surveyors, now manages approximately €100 million of client funds - covering a number of new prestigious commercial property schemes such as Central Park on behalf of Green REIT and The Marshes Shopping Centre, Dundalk on behalf of Kennedy Wilson.

A fellow of the Institute of Charted Accountants, Paul has over 20 years’ experience of leading finance teams within the property management sector, with a strong focus on business performance, commercial excellence and innovation. Paul joins CBRE from his former position of MD at O’Dwyer Property Management, where he held overall responsibility for operations, compliance, finance and all aspects of the firm’s professional service delivery. Paul also has extensive experience working in regulated environments (NPSRA / Central Bank / ISI / NASDAQ / LSE) developing and implementing operational and financial controls. In today’s commercial property environment where clients require up to date, real time financial information & reporting, Paul’s appointment, along with CBRE's world class IT platform encompassing ‘Yardi’ and ‘Core’ Real Time Dashboard reporting will ensure CBRE Asset Services’ continued evolution from a property management led business to a true client focussed property services model.

Known for his client focussed and results driven approach to asset management and client reporting, Paul’s background has, over recent years, seen him assigned to a number of high profile commercial & mixed used schemes, such as Tallaght Cross West (1m sq. ft. retail, offices, 507 apartments & a 186 bedroom hotel); Adamstown (2,000 units); Spencer Dock (616 units); Custom House Square (587 units & 40,000 sq. ft. commercial); Hanover Quay (292 units & 54,000 sq. ft. commercial); Gallery Quay (300 units & 10,000 sq. ft. commercial), plus various fixed charge receivership services and asset disposal programmes for NAMA, AIB, KPMG and West Register. Prior to his role with O’Dwyer Property Management Paul, started his career with accountancy firms Baker Tilly O’Hare and PWC and was Director of Accounting of CEVA Inc., a NASDAQ listed technology company for six years where he led the accounting and controller functions of its European, US and Asian operations. Paul is also a member of the SCSI and RICS and a past Chairman & Director of the Irish Property & Facility Management Association.

Speaking on this latest senior appointment to the firm, Aidan Grimes, Executive Director, Head of Asset Services at CBRE Ireland said, “We are delighted to welcome Paul to CBRE. His background in property and asset management is wide ranging, from residential, commercial and Facilities Management with particular expertise on mixed use development set up, estate management strategy and service charge apportionments. His client services background fits with our drive to do more, both for our existing and new client accounts, as we continue to grow and expand our asset management business.”

Paul Whelan added “I’m excited to be joining such a strong brand in a department that has been built on sound foundations under Aidan Grimes, Brian Cleary & the team. I look forward to the challenge of helping them continue to grow the business and bringing something different to the table to compliment the excellent service CBRE's Asset Services client’s already receive.”

CONTACT: Aidan Grimes– +353 (0)1 618 5513 or e-mail:aidan.grimes@cbre.com

ENDS
About CBRE Group, Inc.

CBRE Group, Inc. ((NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.eu

In Ireland, with offices in Dublin and Belfast, CBRE is the country’s largest commercial real estate services company, now employing over 130 employees and offering a full range of property services including property sales and acquisitions, leasing and management, investment, corporate services, debt advisory, project management, consultancy, valuations and research. Please visit our website at www.cbre.ie or www.cbre.ie./ni