CBRE poaches Simon Rooney from JLL

CBRE has poached Simon Rooney (pictured, top) from rival JLL.

The agent, who markets shopping centres country-wide, will still be headquartered in Sydney.

His new role, executive managing director, Retail Investments, begins on August 1.

It was reported in May that Mr Rooney quit after 25 years; he was one of that firm’s top three global fee earners.

It is estimated that over his career the executive has sealed deals worth a cumulative $20 billion

“Having an executive of Simon’s calibre join CBRE highlights our focus on securing the top talent in our industry to ensure we are delivering market leading results for our clients,” Phil Rowland, president and chief executive officer with his new employer, said.

“Simon’s appointment adds further firepower to our Capital Markets platform given his extensive connections to local and global capital, strengthening our reach and ability to deliver superior outcomes across the retail spectrum”.

In recent months, Mr Rooney transacted a collection of properties at 80 Collins St, in Melbourne – worth $1.476b and likely to end the year as the biggest single deal.

The MLC Centre, in Sydney, is another mixed-use property the agent successfully marketed.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.