×
Triangles background

OUR COMPANY AFFILIATES

CBRE GROUP

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.

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 $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.

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.

Triangles background

CBRE Global Investors Agrees to the Sale of Logistics Facility in Italy

MILAN – May 21, 2021 – CBRE Global Investors, on behalf of its European Industrial Fund (EIF), has agreed to the sale of a 45,171-sqm logistics warehouse in Faenza, in the Emilia Romagna region of Italy to PGIM Real Estate.

The facility is fully let to an institutional grade A tenant that has been in the building since 2007 and renewed its lease in December 2019 for a further six years.

Acquired by CBRE Global Investors in 2007 and located in the province of Ravenna, 50km southeast of the main Bologna corridor, the warehouse sits within the important transportation and distribution hub connecting the south and centre of the country to northern Italy and the rest of Europe.

Laurie Lagarde, Fund Manager, European Industrial Fund at CBRE Global Investors commented: “The logistics sector has proven its resilience throughout the COVID-19 pandemic, attracting huge volumes of capital and strong investor appetite in the face of uncertainty related to some of the other asset classes. This transaction represents a good outcome for our investors in EIF, with optimal timing given both the lifecycle of the investment as well as price maximization due to current market conditions.”

Sebastiano Ferrante, Deputy Head of Europe and Head of Italy at PGIM Real Estate said: “Driven by robust e-commerce activities, logistics take-up in Italy reached a record high in 2020 – despite the challenging macroeconomic environment due to Covid-19. The Faenza logistics acquisition for our European core strategy aligns with our defensive investment philosophy and demonstrates our ability to secure attractive investments in competitive markets.”

CBRE Global Investors is a leading investor and operator in the European logistics sector, with an AUM of €12.3 bn*, a rental area of seven million sqm across 11 countries.

CBRE Global Investors was advised by Cushman & Wakefield, Studio Pirola, DLA and Yard Reaas.

* As of 31 March 2021

About CBRE Global Investors
CBRE Global Investors is a global real assets investment management firm with $124.5 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 2020 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 100,000 employees serving clients in more than 100 countries. 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.

RELATED CONTENT