HONG KONG (October 31, 2023) – Global real estate consulting company Knight Frank has appointed Craig Shute as its new Chief Executive Officer (CEO) for Greater China with immediate effect. He succeeds Piers Brunner, a pivotal figure in the organisation, and will be based in Hong Kong.
Shute is a veteran in the real estate industry, including more than 7 years leading CBRE in Hong Kong and Taiwan up to 2016, where he was responsible for over 950 employees. In all, Shute has over a quarter century of leadership experience in the property industry in several countries, including Australia, Malaysia, Hong Kong and USA.
Kevin Coppel, managing Director for Knight Frank Asia Pacific, said: “We are delighted to welcome Craig. His wealth of leadership experience across multiple continents will prove invaluable in navigating the current challenging market conditions. I am sure Craig’s insights and expertise will be sought after by staff and clients alike and that Craig will be able to build on the strong foundation Piers Brunner has established for Knight Frank’s Greater China business.”
Regarding his new appointment, Shute said: “I am pleased to be returning to Asia, and honoured to have this opportunity to lead the Knight Frank Greater China team. In many ways I feel like I have returned home. In the current volatile real estate environment, top-quality, personalised advice has never been more important, and Knight Frank is uniquely positioned to provide this advice to owners and occupiers alike. I look forward to working with Knight Frank’s experienced team to fulfil our wide-ranging client requirements, as well as with our established Greater China leaders to continue to find growth opportunities for our business.”