US based real estate group CBRE has appointed Daniel Queenan as chief operating officer of CBRE Global Investors, the firm’s investment management arm.
Queenan has relocated back to the US after serving as chief executive officer, Asia Pacific (APAC), for the past two years.
He will help driving the strategy and operations for CBRE Global Investors. Queenan will report to Matt Khourie, chief executive officer of CBRE Global Investors.
He will also work closely with Ritson Ferguson, recently named chief investment officer, and the CBRE Global Investors leadership team.
In addition to his new duties, Queenan will serve on CBRE Global Investors’ executive committee and global investment committee.
Steven Swerdlow will replace Queenan as chief executive officer, Asia Pacific region.
Swerdlow will oversee all operations in APAC, and will report to Robert Blain, executive chairman, APAC, who will retain overall responsibility for the region.
Swerdlow has been working at CBRE since 25 years. He will maintain his management responsibilities for CBRE’s US western division and will split his time between Asia Pacific and the US.