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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.

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CBRE Global Investors acquires a company owning Gran Shopping Mongolfiera in Italy

​ITALY – February 22, 2018 – CBRE Global Investors has completed the acquisition of the company owning the Gran Shopping Mongolfiera Molfetta in Italy, on behalf of the CBRE European Shopping Centre Fund II (ESCF II). The company was acquired from Orion Income Return Partners (a fund sponsored by Orion Capital Managers) and HB Capital.

The shopping centre is located in Molfetta, north of the town of Bari and has a catchment area of over 250,000 inhabitants. Bari is the second most important economic centre of mainland Southern Italy and has a high percentage of young inhabitants.

Opened in 2008, the asset comprises ca. 35,000 sqm, including a mall and hypermarket (which is not part of the transaction) and is fully let to international tenants that include Zara, Stradivarius, Bershka, Pull & Bear, Oysho, MediaWorld and Mc Donald’s.

It is the dominant shopping destination within the area and sits within a retail and leisure hub with good accessibility from the route linking Bari to the cities of Barletta and Foggia. It has 2,500 parking spaces and in 2016 attracted 5.3 million visitors.

Alberico Radice Fossati, Head of Transactions Italy, CBRE Global Investors said, “Gran Shopping Mongolfiera Molfetta is a leading shopping destination with high and stable occupancy rates driven by strong tenant demand. We are very pleased to have been able to secure this acquisition for ESCF II.”

Toby Smith, Portfolio Manager for ESCF II Fund commented; “The Fund concentrates on buying assets that are dominant within their catchment area and provide an attractive combination of stable income streams and growth potential; Mongolfiera is an excellent example of this. It is also one of the final acquisitions for the Fund, which is expected to have 12 assets under management in total, with a total Fund GAV of c.€1.3bn when fully invested.”

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About CBRE Global Investors

CBRE Global Investors is a global real asset investment management firm with $103.2 billion in assets under management* as of December 31, 2017. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.

CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBG). It harnesses the research, investment sourcing and other resources of the world’s largest commercial real estate services and investment firm (based on 2017 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 80,000 employees (excluding affiliates) and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com.

*Assets under management (AUM) refers to the fair market value of real asset-related investments with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real asset-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real asset market, and its calculation of AUM may differ from the calculations of other asset managers.

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