Dallas, TX

CBRE Promotes Jon Ramscar to President and CEO, Canada

October 24, 2022

Jon Ramscar will oversee the operations of the company’s Canadian offices and drive its growth strategy for all Advisory Services lines of business

CBRE announced today that it has appointed Jon Ramscar President and CEO of its Canadian business, effective today. In this role, he will oversee the operations of the company’s Canadian offices and drive its growth strategy for all Advisory Services lines of business, including leasing, sales, valuations, debt & structured finance, and property management, throughout the country.

Mr. Ramscar most recently served as Executive Vice President & National Managing Director in Downtown Toronto, leading CBRE’s Private Capital Group and Debt & Structured Finance businesses nationally. He began his real estate career in the U.K. before relocating to Canada in January 2011, when he joined CBRE’s National Investment Team in Vancouver. He succeeds Werner Dietl as President and CEO and will report to Pete Schippits, Regional Group President for Advisory Services in the Americas.

“Jon represents the next generation for our Canadian business. He has a deep understanding of our business, the Canadian client landscape, and our entrepreneurial culture. I could not be more confident in his ability to lead our business into the future,” said Mr. Dietl, who previously announced plans to transition to the next phase of his career as a private real estate investor at the end of this year.

Mr. Ramscar’s experience includes all commercial asset classes, residential, joint venture structuring and raising equity capital, and he has been part of more than $4.9 billion of transaction volume in the Canadian market. In addition to his years at CBRE, Mr. Ramscar also spent four years at JLL in Canada where he served as Capital Markets Practice Lead and co-manager of the firm’s Vancouver office.

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 2021 revenue). The company has more than 105,000 employees (excluding 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.

In Canada, CBRE Limited employs 2,200 people in 22 locations from coast to coast. Please visit our website at www.cbre.ca.