CBRE rejigs ratings leadership

Mark Hayes has been named as head of the firm’s Manchester ratings team, following the decision by David Cownie to step back from leading the Northern team after 25 years.

Leeds-based Nick Marsden takes up the role as head of rating North. Manchester-based Cownie’s new remit will be focused on specific mandates for CBRE.

Hayes brings an extensive track record built up over a 14 year career, having provided rating advice to some of the largest occupier and investor clients in the UK.

He is described as having significant experience presenting cases at the valuation tribunal and has also represented several high profile clients at the upper tribunal (Lands Chamber).

Hayes said: “It will be an honour to lead the team in Manchester, who are a talented group of individuals and among the best in our industry.

“My focus going forward will be to ensure that our clients receive the best possible service at a time when the Business Rates system is seeing huge change.”

John Ogden, managing director of CBRE North said: “We would like to thank David for his dedication to the business and leadership of an exceptionally high performing Rating team in Manchester and more latterly the Northern region over his considerable tenure with CBRE.

“We congratulate Nick on his promotion to Head of Rating North and to Mark as Head of the Manchester team.

“With David’s continued support, Nick and Mark will progress the plan for growth of the rating business throughout the next era and we look forward to celebrating the continued success of the service line under the new leadership structure.”