SYDNEY – September 2, 2014 – CBRE Global Investors has appointed Andrew Glass as Managing Director, Australia, to lead all aspects of the firm’s direct investment program, which will target key domestic markets and support the investment strategies of the global funds management business. The appointment is in line with CBRE Global Investors’ strategy to grow its Asia Pacific investment management capability and service global institutional investors seeking exposure to direct real estate investments within the region.
During his 25 years in the commercial real estate sector, Glass has held senior positions across the private and public markets as an investor, a fund manager and a service provider. Prior to joining CBRE Global Investors, Glass was head of the unlisted platform for co-mingled funds at Charter Hall Group. In an earlier role as Senior Vice President for GIC Real Estate in Singapore, Glass was responsible for the group’s investment program into Australia and Korea. Glass has also worked for Macquarie Bank Group as both a REIT equity analyst and in a real estate lending capacity.
Glass holds a Bachelor of Commerce with Honours from the University of New South Wales and has most recently served as a member of the Unlisted Funds Roundtable sub-committee operated by the Property Council of Australia.
“We are delighted to welcome Andrew to our senior team,” said Richard Price, CEO Asia Pacific. “We continue to see attractive investment opportunities in Australia. With his combination of local and international experience, Andrew is very well-positioned to help us actively pursue those opportunities for our clients in Australia and around the world.”
About CBRE Global Investors
CBRE Global Investors is a global real estate investment management firm with $92.8 billion in assets under management* as of June 30, 2014. 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 approximately 44,000 employees in approximately 350 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com
*Assets under management (AUM) refers to 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 properties and real estate-related loans; securities portfolios; and investments in operating companies, joint ventures and in private real estate funds under its fund of funds program. 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.