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CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2020 revenues of $23.8 billion and more than 100,000 employees (excluding affiliate offices). CBRE has been included on the Fortune 500 since 2008, ranking #128 in 2020. It also has been voted the industry’s top brand by the Lipsey Company for 20 consecutive years, and has been named one of Fortune’s “Most Admired Companies” for nine years in a row, including being ranked number one in the real estate sector in 2021, for the third consecutive year. Its shares trade on the New York Stock Exchange under the symbol “CBRE.”

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.


CBRE Global Investors, combined with CBRE Clarion Securities and CBRE Caledon, is one of the world’s leading real asset investment managers with $122.7 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
Mike Lafitte, Global CEO, Real Estate Investments.


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 Hires Heidi Learner as Americas Head of Real Assets Research

Los Angeles, California – June 1, 2020 – CBRE Global Investors today announced that Heidi Learner has joined the investment management firm as the Americas Head of Real Assets Research. This role formally acknowledges the expansion of the firm’s platform to include infrastructure as well as real estate, and the extension of the Americas team to cover Canada in addition to the U.S.

Ms. Learner will be tasked with further raising the level of the firm’s analysis, forecasting and transaction support across the public and private real assets spectrum, including both equity and debt. Ms. Learner’s extensive experience in macroeconomics and financial markets will add to the firm’s ability to measure real assets performance in a multi-asset context, supporting our Solutions efforts. Her appointment is the final part of a thoughtfully executed handover of responsibilities from Doug Herzbrun, Chairman of Global Research, who will retire on July 1, 2020.

“We are thrilled to have Heidi join our research team at CBRE Global Investors,” said Sabina Kalyan, Global Head of Strategy & Research and Global Chief Economist for CBRE Global Investors. “With nearly three decades of experience, Heidi brings with her a wealth of knowledge and insight about investment markets and trends. We are particularly excited for Heidi to leverage her experience using AI and data-scraping tools to increase the power of our micro-locational analysis. We also look forward to expanding our coverage in the alternatives and infrastructure space under her guidance.”

Ms. Learner joins CBRE Global Investors from Savills, where she served as Chief Economist since 2012 and the firm’s thought leader.

“I’m excited to be joining one of the top real assets investment management firms in the world,” said Learner. “I look forward to working closely with CBRE Global Investors’ various research teams and having the unique ability to collaborate with CBRE, tapping into the parent company’s global footprint. Providing high-quality, real-time research to clients is more important than ever as they continue to navigate our changing and evolving industry.”

Ms. Learner holds dual degrees from the University of Pennsylvania, earning a Bachelor of Science degree in economics from The Wharton School of Business and a Bachelor of Science degree in engineering from the School of Engineering and Applied Science. She additionally holds a master’s degree in mathematics from Columbia University’s Graduate School of Arts & Sciences.

About CBRE Global Investors
CBRE Global Investors is a global real assets investment management firm with $108.1 billion in assets under management* as of March 31, 2020. 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:CBRE). It harnesses the research, investment sourcing and other resources of the world’s largest commercial real estate services and investment firm (based on 2019 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 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 assets-related investments 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 assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers.