CBRE Global Investors has announced the appointment of Ronald van der Waals as Fund Manager of the CBRE Dutch Office Fund (DOF).
Ronald van der Waals, joined CBRE Global Investors in 2008, and is currently the portfolio director of DOF. Ronald has worked in the real estate industry for 10 years. Within CBRE Global Investors, Ronald previously worked as Portfolio Manager for a large separate account mandate in Europe, where he played a key role in growing the client’s diversified portfolio within Europe. Prior to this role he worked as Asset Manager for offices and logistics in the Netherlands.
Sophie van Oosterom, CIO EMEA, CBRE Global Investors, said: "We are very pleased to have a wealth of talent within our organisation to service our clients. Ronald brings excellent investment and operational experience, focus and drive to our Dutch Office Fund, which is one of the key pillars under our Dutch business.”
The CBRE Dutch Office Fund is the prime institutional non-listed office investment vehicle in the Netherlands. The fund is one of the leading investors in vibrant multi-tenant office buildings in dynamic locations in the four big cities including WTC Amsterdam, WTC Schiphol, WTC Utrecht and Delftse Poort Rotterdam. With its scale is can offer both excellent diversification and economies of scale. The fund has state of the art governance and an excellent track record. It outperformed the IPD/ROZ Dutch Office Benchmark on a 3-, 5-, and 10-year average and was awarded two years in a row with the IPD European Property Investment Award for best performing specialist fund in the Netherlands market.
Ronald succeeds Sophie van Oosterom, who acted as the interim Fund Manager of DOF.
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About CBRE Global Investors
CBRE Global Investors is a global real estate investment management firm with $86.6 billion in assets under management* as of December 31, 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 75,000 employees in 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 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.