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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 Fund Acquires Experiential Open-Air Shopping Center in Affluent Philadelphia Suburb

​LOS ANGELES – May 10, 2017 – A fund advised by CBRE Global Investors has acquired King of Prussia Town Center, a newly constructed 263,423 square foot Class-A, experiential open-air shopping center located in an affluent suburb of Philadelphia.
 
Located at 155 Village Drive in King of Prussia, Pennsylvania, the property is the retail centerpiece of The Village at Valley Forge, a 122-acre master planned, mixed-use development that will feature nearly 3,000 residential units and 1 million square feet of commercial space upon completion. The property is shadow-anchored by a strong-performing Wegmans grocery store, which is owned by the same fund.
 
In addition, the property is located at the confluence of suburban Philadelphia’s four most active roadways with an average traffic count of over 360,000 vehicles per day and is adjacent to the King of Prussia Mall, the largest superregional mall in America with over 20 million visitors each year.
 
The center is 87 percent leased, features a walkable, high-quality urban design that combines a wide variety of necessity and experiential retail in an attractive town center environment. The fund team plans to lease the remaining vacancy and hold for long-term stable cash flows.
 
The submarket has the strongest demographics in Pennsylvania with average household incomes of more than $130,000 and median home values that are twice the U.S. average.
 
“King of Prussia Town Center is a one-stop shopping and dining destination located on the border of Pennsylvania’s wealthiest counties, serving some of the nation’s most affluent and well-educated populations,” said Kim Hourihan, Portfolio Manager, CBRE Global Investors. “The combination of attractive demographics and exceptional accessibility makes the property the ideal location for retailers and restaurants alike. As e-commerce has disrupted traditional retailers, necessity retail and destination restaurants drive daily traffic, enhance the shopping experience and offer protection against e-commerce risks affecting other retailers.”
 
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About CBRE Global Investors
CBRE Global Investors is a global real estate investment management firm with $86.5 billion in assets under management* as of March 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 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.
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