Nick Axford has resigned from his leadership position at property services firm CBRE, PERE can confirm.
London-based Axford was CBRE’s global head of research, a position he held since 2013. He is understood to have left the firm in late June.
Richard Barkham, CBRE’s global chief economist, has assumed Axford’s responsibilities for the interim period, according to people in the know. Barkham joined CBRE in 2014 as executive director and global chief economist.
Axford’s departure ends his decades long association with CBRE. He joined the firm in 1994, and prior to taking on the role of the global research head, he was leading CBRE’s research practice in Asia-Pacific out of its Hong Kong office for over four years. Previously, Axford also spent over 12 years as the head of research for Europe, the Middle East and Africa (EMEA).
Currently, CBRE’s head of research role for EMEA is held by Jos Tromp, Spencer Levy is the Americas head of research while Henry Chin leads the research practice in Asia-Pacific, according to information on its website.