Global experience and connections to help Quebec capitalize on new momentum
Quebec’s economic renaissance is capturing global attention and CBRE, the world’s largest real estate services firm, has selected Ruth Fischer to lead the company in the province to help elevate real estate services and realize more opportunities for businesses in Quebec.
Fischer has forged a dynamic career over the past 20 years that spans the U.S., UK and Canada. Educated at Cornell University and the London School of Economics, Fischer has worked in all facets of the real estate industry from analyst to consultant to a key founder of CBRE’s Client Solutions division in Canada. With this appointment, Fischer becomes the first woman leader of a CBRE regional market in Canada
“Having a strong leader who knows the team and platform well was key,” said CBRE Canada President and CEO Werner Dietl. “Our occupier and investor clients have come to appreciate Ruth’s creative solutions and her appointment promises an unmatched level of service, fresh perspectives, and next-generation leadership.”
Fischer is known for driving positive change. She is a champion of the Canadian Chapter of CBRE Women’s Network, supports industry outreach and thought leadership as Co-Chair of the Urban Land Institute’s Sponsorship Committee, and is a member of the board of the Children's Book Bank.
“Even in the midst of a pandemic, Quebec has incredible momentum. Real estate strategy is a key part of achieving business goals and identifying new opportunities. Global experience, best practices and connections can help ensure we are all capitalizing on this moment,” said Fischer, Senior Vice President and Managing Director. “I couldn’t be more excited to work with our incredible clients and amazing team in Quebec.”
Montreal recorded 1,439 investment transactions valued at $6.12 billion last year. The city’s industrial market is particularly strong, with 1.5 million sq. ft. of net absorption in the final quarter of 2020 pushing the availability rate to fall to an all-time low of 2.1%. Montreal is also a Tech Talent hub; its tech labour pool grew by 19.3% between 2014 and 2019, with 141,600 workers representing 7.4% of total employment.
“Ruth is the leader to help CBRE rise to the occasion,” said Dietl. “She is the partner who can help our clients meet and exceed their real estate goals during this dynamic period.”
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 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated 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.
In Canada, CBRE Limited employs 2,200 people in 22 locations from coast to coast. Please visit our website at www.cbre.ca.
