LONDON, 4 July, 2016 – CBRE Global Investors is pleased to announce the appointment of Robert Sninčák as Fund Manager of CBRE Property Fund Central and Eastern Europe (PFCE) and CBRE Property Fund Central and Eastern Europe (PFCEE).
He has taken on the role of Fund Manager of both funds, taking over from Martin Sabelko who has resigned from the company, and will step down from managing the two funds and from his role as Managing Director, Central and Eastern Europe (CEE).
Sninčák was previously Portfolio Manager for the company’s two regional funds. Robert has 12 years of experience in property and asset management. He has been with the company since 2005, working in various asset management roles before being appointed Portfolio Manager in 2009. Prior to this he worked as Head of Property Management for the Czech and Slovak Republic at Donaldsons (now Cushman & Wakefield).
“With the combination of his portfolio management and asset management experience, we are confident that Robert has the right skill-set to manage the PFCE and PFCEE,” said Sophie van Oosterom, CIO EMEA.
“I would like to thank Martin for his leadership and commitment to our business in Central and Eastern Europe over the last 11 years. He has helped build a strong and sustainable business that continues to support growing requirements from our client base,” she said.
Sabelko’s Managing Director responsibilities will be shared between the wider leadership team in the region.
About CBRE Global Investors
CBRE Global Investors is a global real estate investment management firm with $89.7 billion in assets under management* as of March 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 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.
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