CBRE appoints new head of operational real estate

CBRE has promoted Tom Morgan to head of operational real estate. Morgan will take up the new role on 1 January 2025 and will be tasked with driving growth for CBRE’s UK OPRE business, which comprises healthcare, hotels, pubs, leisure, self-storage and automotive & roadside. He will work closely with the wider OPRE leadership team to provide integrated solutions for clients at a time of improved investor interest in the sector. The OPRE valuations team will continue to be led by Al McCutchion. Morgan, who is an executive director at CBRE, joined the firm 17 years ago and has primarily been responsible for developing and growing the firm’s healthcare offering. He takes over from David Batchelor, who will move into a chairman role in the UK business, focused on the investment market. Morgan said: “I have been fortunate to work in this team for many years, surrounded by 150 specialists with unrivalled property, operational and financial expertise. OPRE is now an established sector and I’m hugely excited to take over from David’s outstanding leadership tenure as we enter the next phase of growth.”