Erika Garbutt-Pál has been appointed as the Head, Advisory & Transaction Services, Retail
Budapest - New leader has joined CBRE: Erika Garbutt-Pál has been appointed to lead the Retail department. Anita Csörgő, who has been managing the division since its inception, will remain part of the company and will continue her work as a Director, Head of High Street.
The Hungarian CBRE Retail business line was founded in 2012. Anita Csörgő has managed the division since its foundation, which has grown into a key player in the domestic Retail market in recent years. From the 4th January 2021, Anita has handed over the Management position to Erika Garbutt-Pál but will continue as Director, Head of High Street at CBRE Hungary. CBRE would like to thank Anita for the enthusiasm and outstanding work that enabled the department to grow and wishes her continued success in her new role within the company.
Erika Garbutt-Pál joins CBRE with nearly 23 years of experience in domestic and international retail and leads the team, which is expanding to 5 people. During this time Erika has advised on a wide array of retail matters that include development strategies, due diligence, and leasing activities for all retail formats. Erika spent 18 years at JLL, where she led the Hungarian retail team for 12 years and also supported JLL’s Romanian retail department for a time. During the last 5 years, she has been operating as an independent retail consultant while based in Switzerland, before she and her family relocated back to Budapest in the end of Summer 2020.
“I am really excited to have joined CBRE and am greatly looking forward to enhancing this already very capable team of talented professionals. Now more than ever our Clients need sound and trusted advice, and we will be there to support them as partners to help them achieve their goals." - said Erika Garbutt-Pál.
David M Johnston MRICS, Senior Director, Head of Advisory & Transaction Services, who manages CBRE Hungary’s Office, Industrial and Retail transactional teams commented: “We are delighted to welcome Erika aboard and are fully confident that with her strategic approach and solution orientated attitude, that CBRE will provide an enhanced service to our Clients and Partners in Hungary and widen the skill-set of this already successful department.”
Lóránt Kibédi Varga MRICS, Managing Director for CBRE Hungary added: “The Retail sector has always been a key sector for CBRE, and with the appointment of Erika as Head of the Retail team we are confident of its long-term success”.
