Press Release

CBRE Appoints Satoru Sugiyama as Head of Property Management Division

March 1, 2024

CBRE (Japan headquarters: Marunouchi, Chiyoda-ku, Tokyo) announces that Satoru Sugiyama has been appointed the new head of its Property Management division, effective today. In this position, Satoru will oversee two service lines: Property Management (PM) and Asset Management (AM).

Takashi Tsuji, President & Chief Operating Officer of CBRE, said, “We are delighted to welcome Sugiyama-san as the head of our Property Management division. He brings extensive experience in the fields of financial investment, real estate securitization, and real estate development, both domestically and internationally. I am confident that under Sugiyama-san's leadership we will be able to further evolve our PM and AM businesses, and provide innovative solutions that meet our customers' needs."

[Professional Experience] Satoru Sugiyama Head of Property Management Division, CBRE After receiving his Master's degree from Keele Graduate School of Management (UK), Satoru Sugiyama joined Mitsubishi Corporation in 1999 where he worked in the Aerospace Division. In 2005 he moved to Mitsubishi Corporation Asset, gaining experience in alternative investments, and a year later, back at Mitsubishi Corporation, working on the acquisition and development of industrial properties for listing as a real estate investment trust (J-REIT). In 2007 he began his tenure at Diamond Realty Management, forming a private fund. In 2011 he started working for a leasing company in Saudia Arabia and was involved in the sale and leaseback of real estate properties. In 2018 he joined Mitsubishi Corporation Urban Development where he helped acquire and develop land for logistics facilities. Satoru joined CBRE on March 1, 2024, as the head of the Property Management division.

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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 130,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com or our Japan office website at www.cbre.co.jp/en.

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