CBRE appoints Michael Young as Managing Director for MENA
AppointmentsBusiness#BusinessTransformation
CBRE Middle East, a global commercial real estate consultant, has appointed Michael Young as the Managing Director for the Middle East and North Africa, effective July 1, 2024.
In his new role, Michael brings over two decades of leadership experience across diverse markets, including Asia Pacific, the UK, Turkey, and the Middle East & North Africa region. He joined CBRE in 2021 and recently held the role of Senior Director and Head of UK for business development in industrial and logistics. He will spearhead continued growth, client satisfaction, and industry leadership throughout the region. In his previous roles, he served in key positions at Partner Logistics, Atlet Ltd, Psion Teklogix, and Dexion.
Extending his wishes to Michael for his new leadership role, Anshuman Magazine, Chairman & CEO for India, Southeast Asia, and the Middle East, said, “I am delighted to welcome Michael Young as the new Managing Director for CBRE across the MENA region. Michael is a leader with a proven track record of delivering exceptional results, fostering a culture of innovation, collaboration, and excellence across the organisation, and inspiring and empowering our talented and diverse team of employees. I am confident that he will lead CBRE operations in the MENA region to new heights of growth and excellence in the years ahead."
Michael added, “I am grateful and humbled to be appointed as the Managing Director for CBRE in the Middle East. The MENA region offers tremendous growth opportunities across the commercial real estate market. We look forward to expanding our advisory services and providing exceptional outcomes for our clients.”
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Michael takes over responsibilities from Nicholas Maclean, who has been serving in the role since 2004. Nicholas, who is also serving as the Senior Vice President on the Presidential Team of RICS, has been appointed to take over the role of RICS President Elect in January next year. He commented on CBRE MENA's post on LinkedIn, "As I transition to take up the role of RICS President Elect in January, I am absolutely delighted to hand over the business to my friend and colleague who, over many years, has been an outstanding leader, brilliant team member, and extraordinary asset to CBRE’s MENA businesses. Very well deserved. Nick."
To this, Veerle De Rover, People Director of CBRE MENA, added, "Nicholas Maclean, OBE RD FRICS, thank you, Nick, for 37 years of exceptional service to CBRE. Under your guidance and mentorship, CBRE MENA grew to what it is today. Your leadership and vision have been a true inspiration to us all. You will be truly missed. Congratulations on your new appointment!"