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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 Italian Shopping Centre for EUR 61.9 Million

​CBRE Global Investors, on behalf of a pan European retail strategy, announces the acquisition of Mongolfiera, Lecce, Italy for EUR 61.8 million. The vendor was Schroders.

The shopping centre was opened in 1994 and comprised of a hypermarket and a gallery. In 2006 it was extended and upgraded to include a food court area and an extension on the retail offer.  CBRE Global Investors has acquired 11,365 sq m which excludes the hypermarket.
 
The single floor centre is anchored by Ipercoop (not part of this transaction), MediaWorld, H&M and Piazza Italia. There are 48 tenants in total and the centre is 100% occupied. 
Mongolfiera is the dominant shopping destination in Lecce with a footfall of over four million visitors each year. 
 
Florencio Beccar, Head of EMEA Retail, CBRE Global Investors commented: “Mongolfiera Lecce has an excellent track record and shown resilience over the years with exceptional tenant sales performance. 
 
We have identified a number of asset management opportunities that will generate strong rental growth.  
 
With the combination of a stable attractive income yield and rental growth potential, the asset is an excellent addition to our shopping centre portfolio and our first acquisition for this particular strategy in Italy.”
 
Alberico Radice Fossati, Transactions Manager Italy, CBRE Global Investors added: “The Italian retail sector is generally performing well on the back of the rebound in consumer confidence. The investment fundamentals for this acquisition are solid and it should be a strong performer.”
 
– ENDS –
 

 

About CBRE Global Investors

 

CBRE Global Investors is a global real estate investment management firm with $88.6 billion in assets under management* as of June 30, 2016. 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 premier, full-service commercial real estate services and investment company for the benefit of its investors. CBRE Group, Inc. has more than 70,000 employees in more than 400 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 estate-related assets 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 estate; equity in funds and joint ventures; securities portfolios; operating companies and real estate-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real estate market, and its calculation of AUM may differ from the calculations of other asset managers.

 

Past performance is not a guarantee of future performance.
 

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