Max Barclay has been promoted to head of Newsec's advisory business as of 1 April, on top of his responsibilities as head of Newsec Advisory Sweden.
Barclay, who is also chairman of Urban Land Institute (ULI) in Sweden, has worked with Northern Europe-focused Newsec for more than 20 years.
In his new role, he will mainly be dealing with increasing demand from international clients for Nordic property, the group said.
'We are facing exciting market changes with increasing internationalisation and digitalisation. In that context, Newsec has a unique opportunity to work with clients demanding both local presence and cross-border networks,' Barclay commented.
'I look forward to further sharpen our offering together with my Nordic colleagues and to challenge the perception of what advisory in the property market can be.'
Newsec, which offers property asset management and advisory services across all seven Nordic and Baltic countries, employs around 1,700 individuals and has a total revenue of €200 mln.
'It’s the third time in a year that we manage a successful internal recruitment at top management level, which is proof that the continuous efforts we put into leadership development works,' said Urban Edenström, CEO Stronghold Invest and chairman of Newsec.
Barclay replaces Henrik Granström who recently left the group.