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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 Sells Retail Portfolio In Central And Eastern Europe

​CBRE Global Investors has sold a portfolio of 11 mainly shopping centre assets located in Czech Republic, Poland, Romania and Hungary. The portfolio has been sold to CPI Property Group for the value of approximately EUR 650 million.

The portfolio has approximately 265,000 sq m lettable area and the assets are:
– Olympia Plzeň Shopping Centre and Nisa Liberec Shopping Centre in the Czech Republic
– Ogrody Shopping Centre in Poland
– Polus Shopping Centre and Campona Shopping Centre in Hungary 
– Felicia Shopping Centre in Romania
– Multifunctional complex Zlatý Anděl in Prague 
– Andrássy Complex in Budapest
– Two Interspar stores in Hungary

Robert Snincak, Fund Manager, CBRE Global Investors said: “The sale successfully concludes our asset management strategy for these assets, creating value for our investors in line with the business plan.

We have had a very busy twelve months in the CEE region with nearly EUR 600 million of acquisitions as well as this major disposal.“

Roland Bebcak, Head of Divestments CEE, CBRE Global Investors added: “The portfolio attracted a lot of interest as a result of its CEE wide composition and dominant retail exposure. It illustrates that sizeable investments particularly in Poland, Czech Republic and Hungary are firmly back on investors’ agendas.”

The assets are from the Property Fund Central Europe (PFCE) and Property Fund Central Eastern Europe (PFCEE).

CBRE Global Investors were advised on the sale by Clifford Chance, Cushman & Wakefield and Arcadis.

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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.

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