CBRE Philippines is the product of the dedicated team headed by Rick Santos, Chairman & Founder of the company.

Rick M. Santos

Chairman, Founder and Managing Partner

Manila, Philippines
T. 632.752.2580
F: 632.752.2571

 

CURRENT ROLE AT CBRE PHILIPPINES

Rick Santos is the Chairman, Founder, and Managing Partner of CB Richard Ellis Philippines. Mr. Santos set up the CB Richard Ellis operation in the Philippines—playing a major role in establishing the company as the leading real estate advisory firm in the country. (The CB Richard Ellis Group is the largest US listed Global Real Estate Services Corporation and a member of the Fortune 500.)

In addition to driving the company’s business lines forward, Rick also takes charge of the cross-border investment team focusing on the in-bound and out-bound movement of Institutional and Private Investment Capital. Mr. Santos and his team were the pioneers in the real estate/BPO industry and were also responsible for bringing many of the largest institutional and private real estate investors into the Philippines.

Previously, Mr. Santos served as the Managing Director of CB Richard Ellis Hong Kong and as the Head of Institutional Investment Properties for Asia. He has been involved with the Hong Kong, China and Pan Asia business as a former Asian and Asia Pacific Board Member and has served as the link partner to the emerging market countries of India, Thailand, Indonesia and Vietnam. Mr. Santos joined CB Richard Ellis in 1994 and is a graduate of UC Berkeley, the London School of Economics and Oxford University.

PROFESSIONAL AFFILIATIONS AND ACCREDITATIONS

  • American Chamber of Commerce of the Philippines-Vice President
  • American Chamber of Commerce of the Philippines-Past President (Years 2004-2006, 2008)
  • American Chamber of Commerce of Hong Kong – Real Estate Committee Chairman
  • Young President’s Organization
  • Financial Executives
  • Management Association of the Philippines
  • Urban Land Institute
  • Asia Pacific Real Estate Association – Philippine Board
  • Philippine Rugby Football Union – Secretary General

EDUCATION

  • BA (Honors) Bachelor of Arts in Economics and Political Science
  • U.C. Berkeley California
  • MSC ( Econ ) Masters in Economics with emphasis in Real Estate Finance and Urban Development
  • London School of Economics
  • D (Oxon) Post Master degree in International Relations and Management
  • Oxford University

Orion Support Incorporated (OSI)

Dear Rick,

Following up from my initial request to you for support in finding a new office location for our company, Orion Support Incorporated.   Well, we moved in to the LTA Building on Perea Street, fifty meters or so from Paseo de Roxas this weekend, only a 4 minute walk to AmCham and under excellent terms.

While I think you assigned both Morgan Mcgilvray and Sherdil Rana to support our original request; as you know, Morgan was very tied up with his wife giving birth during the period we identified this location and negotiated with the landlord, Mr. Mike Arroyo. Yes, the former First Gentleman. But in my short interaction with Morgan, I can see that he is a solid, young professional.

With regards to Sherdil, I want to tell you that with 35+ years of interviewing hundreds and hundreds of individuals, I was impressed with his professionalism, focused support and “can-do” attitude  from the point of identifying our potential office space, and through the negotiation stages prior to the signing of our 6 year contract.  I was impressed with his considered opinions, insightfulness with regards to Philippine business culture and his sage advice related to our strategy in the negotiation process.  Sherdil was able to negotiate a rental rate per square meter about 150 – 200 pesos less than the going rate in this area, and with only a 7% increase after 24 months. Add to that, he secured for us three parking slots at no additional cost, two months security deposit versus the standard three, and two months advance rent to be applied to the front end of our contract versus the back end as is the case in most rental contracts. And, he got the landlord to repaint the entire office with three coats of mildew resistant paint at their expense.   But best of all, we were given a 6 year lease, with only having to give two months notice and forfeit only our two month security deposit to move out anytime with no additional penalty!

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Contact

Manila Office

10F Ayala Tower One & Exchange Plaza
Ayala Triangle, Ayala Avenue, Makati City
1126 Philippines

T +632 752 2580 | F +632 752 2571
ricksantosteam@cbre.com.ph

Cebu Office

Unit 1505, 15th Floor, Ayala Life - FGU Center
Mindanao Avenue,Corner Biliran Road
Cebu Business Park, Cebu City
6000 Philippines

T +032 318 0070 | +032 236 0462
ricksantosteam@cbre.com.ph

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