Bidwells appoints head of residential research
Bidwells has appointed Scott Cabot as its new head of residential research.
Cabot joins from CBRE, where he spent 12 years in the firm’s UK research team, most recently serving as head of residential research. Before that, he worked for London developer Aitch Group and previously held wealth management roles at Standard Chartered Bank and W1M.
At Bidwells, Cabot will work alongside research director Sue Foxley and the wider research team, providing residential market analysis and strategic insight for clients.
The firm said his work will focus on the relationship between the UK’s science and technology sectors and demand across the residential property market.
Sue Foxley, Research Director at Bidwells, said: “He [Cabot] will be instrumental in shaping our residential research strategy, producing thought leadership and market analysis that gives our clients a clearer view of the forces shaping demand, from land and planning through to investment and the living sectors.”
Cabot added: “Bidwells has built a distinctive research platform, and the opportunity to lead and develop its residential expertise was compelling. The interaction between the UK’s innovation economy and its housing markets is one of the most interesting questions in real estate right now, and the business has a genuine vantage point on which to build.”
CoStar Group names new CFO
CoStar Group, which owns UK property portal OnTheMarket through a subsidiary, has appointed Robin Rossmann as its new chief financial officer, succeeding Christian Lown, who is leaving the company to pursue an opportunity outside the property sector.
Rossmann, who currently serves as managing director for Europe, will take up the role on 31 July and report to CoStar founder and chief executive Andy Florance.
He has led CoStar’s European operations for the past two years, overseeing a reduction in the region’s cost base by around 25%, while delivering double-digit revenue growth and launching the CoStar platform in France.
Rossmann joined STR in 2016 and became part of CoStar Group following its acquisition of the hospitality analytics business in 2019. During his tenure, he has helped lead the company’s international expansion, acquisitions and product launches.
“Robin is a rare executive who combines deep financial expertise with proven operating leadership and a demonstrated ability to dramatically reduce costs while accelerating growth,” said Andy Florance, founder and CEO of CoStar Group. “During his time with CoStar Group, he has consistently delivered outstanding operating performance across our international businesses – driving strong organic revenue growth, expanding margins, successfully integrating acquisitions and launching our products in new markets.”
“Robin knows our business, strategy and culture exceptionally well, and is deeply respected across our leadership team. I look forward to partnering with him as we sharpen our focus on margin expansion and profitable growth,” Florence added.
Rossman commented: “I look forward to partnering with Andy, our leadership team and our employees to drive disciplined capital allocation, enhance operational efficiency, expand margins and support continued profitable growth while delivering long-term value for our shareholders.”
Prior to joining STR, Rossmann, a Chartered Accountant, spent 13 years at Deloitte, where he served as a Senior Director advising many of the world’s leading public and private real estate and hospitality companies across the United States, the United Kingdom and other international markets.
Lambert Smith Hampton appoints Colin McDowell as head of lease advisory
Lambert Smith Hampton has announced that Colin McDowell has been appointed as a head of lease advisory in its Belfast office.
McDowell brings more than 35 years of experience in the property sector, advising landlords, occupiers, investors and developers, spanning lease advisory, valuation, rating, and strategic property consultancy.
Outside of his day-to-day role, he has also served as a Guest Lecturer at Ulster University and is a Fellow of RICS NI.
Neil McShane, MD, Ireland at Lambert Smith Hampton, said: “Colin’s appointment reflects our continued investment in exceptional talent and specialist expertise.
“As Belfast’s leading multidisciplinary property consultancy, the firm is committed to providing clients with the highest standard of advice across every stage of the property lifecycle.
Colin’s reputation, commercial insight and extensive experience further strengthen the breadth of expertise available to clients, and we are delighted to welcome him to the team.”
