×
Triangles background

OUR COMPANY AFFILIATES

CBRE GROUP

CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2018 revenues of $21.3 billion and more than 90,000 employees (excluding affiliate offices). CBRE has been included in the Fortune 500 since 2008, ranking #146 in 2019. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

INVESTMENT SERVICES

CBRE Global Investors, combined with CBRE Clarion Securities and CBRE Caledon, is one of the world’s leading real asset investment managers with $106 billion in assets under management.

Built up over more than 40 years, our unparalleled platform is focused on real assets, giving our institutional clients access to real estate and infrastructure in the Americas, Europe and Asia Pacific. Our clients benefit from a complete range of investment solutions including equity and debt, direct and indirect, and listed and unlisted strategies.

Trammell Crow Company, founded in Dallas, Texas in 1948, is one of the nation’s oldest and most prolific developers of, and investors in, commercial real estate.The CBRE Global Investors and Trammell Crow Company platforms make up the Real Estate Investments division of CBRE Group.

The Real Estate Investments division is led by
Danny Queenan, Global CEO, Real Estate Investments.

BLOGS

Regularly released content on the state of the real estate and infrastructure industry are produced by our subject matter experts and shared on their blogs. A selection of them can be found below.

Triangles background

Viewed 568 times

CBRE Global Investment Partners Announce Formation of UK Logistics Venture

​CBRE Global Investment Partners and Prologis announces the formation of a new development venture in the United Kingdom.

The venture, called UK Logistics Venture (UKLV), will pursue a develop-to-own strategy focusing on prime UK markets in the East and West Midlands, London and the South East. UKLV will acquire land, develop buildings and operate and hold logistics real estate. The venture will be seeded with a 7.6 million square foot portfolio of stabilized properties, developments in progress and land, with an initial closing of approximately 3.9m square feet. UKLV will be structured as a 15/85 joint venture with 15 percent owned by Prologis and 85 percent owned by clients of CBRE Global Investment Partners, with total expected value of approximately £1 billion GBP ($1.25B USD).

Jeremy Plummer, Head of EMEA for CBRE Global Investors said “Prologis has a highly experienced team on the ground in the UK with a track record of successfully delivering development projects and managing stabilized assets. They are the ideal partner for this venture and will help meet our clients’ demand for high quality logistics investments in the UK.”

“Our customers continue to grow in the UK and this venture helps meet new demand,” said Gary Anderson, CEO, Prologis Europe and Asia. “Current opportunities exceed the capacity of our existing funds and partnering with CBRE Global Investment Partners is an efficient way to match available capital with the breadth of prospects in the UK.”

Prologis currently owns and operates 23 million square feet in 97 buildings in the UK market. The formation of this venture demonstrates investor confidence in the continuing strength of the UK logistics property market. Strong demand in the UK for logistics real estate is driven by consumption, e-commerce and supply chain modernization

CBRE Global Investment Partners were advised by CBRE Capital Markets and Jones Day. Prologis’ in-house legal team was assisted by Linklaters LLP.

RELATED CONTENT