Michael Strong has joined RE5Q as Non-Executive Chairman, effective immediately. Michael brings extensive experience in the property industry, having served as Executive Chairman for CBRE in EMEA for 15 years, until 2016. Michael will work alongside CEO, Richard Hodgson, advising on the strategy and growth of the company.
During his over 40 years in the commercial property market, Michael has gained extensive first-hand experience in advising on a wide variety of major development, investment, and leasing projects and in providing general consultancy advice to a wide range of major Corporates. Michael will bring that experience to help make RE5Q the industry standard for property valuation in both commercial and residential.
Christophe Reech, Reech Group Chairman, said: “I’m very pleased that Michael is joining RE5Q at this critical stage in its development. Michael’s experience in the industry is unmatched and he will play an important role in the establishment of RE5Q as the key tool in property valuation. His experience will help RE5Q to unlock the value and use cases of the richest database of property related information ever built.”
Michael Strong, Non-Executive Chairman, RE5Q, said: “When Christophe approached me to discuss joining RE5Q, it really captured my imagination. The potential impact it will have on property valuation is truly transformative and the technical skill it’s using to build the database is unlike anything I’ve seen. We are, in effect, using AI to force change on a well-established, fundamentally manual system, and it’s very exciting to be a part of that.”
Michael Strong previously served as Executive Chairman for Europe, Middle East and Africa (EMEA) at CBRE Group from 2001 until 2016, and Chief Executive Officer and President of EMEA from 2005 until 2012. At CBRE, Michael oversaw the transformation of the world’s largest commercial real estate business by service proposition, revenues, market share and geographic reach – leading the expansion of the business across the EMEA region to more than 140 offices in 40+ EMEA countries, and leading more than 20,000 people. He joined in 1972, after training with the Prudential Assurance Company. He has been Non-Executive Director at NHS Property Services Ltd., since February 01, 2016. Michael became a Non-Executive Director at Osborne Group in September 2016. He also serves as Chairman at LocatED.