History
Discover how the firm that is now CBRE Investment Management evolved into a leading global real assets investment manager.

1773
Origins:
William Ellis sets up as an “upholder and appraiser” in London. A few years later he employed his nephew, Richard Ellis, as his apprentice. The Ellis family continuously ran and expanded the firm until 1938.
1906
Coldwell Banker Formed:
Colbert Coldwell founded his company in San Francisco on a philosophy that was revolutionary at the time: integrity, ethics and placing the clients’ best interests first. His ensuing partner, Arthur Banker, shared these values.1972
Asset Management Business Started:
Coldwell Banker Asset Management Services is established in the U.S., and Hillier Parker Fund Management Group is established in the UK.1992
Securities Business Founded:
Campbell-Radnor Advisors, which later became CBRE Clarion Securities, is founded in Radnor, Pennsylvania.1995
U.S. Investment Management Business Grows:
Coldwell Banker’s investment management capabilities are expanded in the U.S. through the acquisition of Westmark Realty Advisors.1996
ING REIM Formed:
ING Real Estate Investment Management is founded. It would grow to nearly $60 billion in assets under management before merging with CBRE’s investment management platform in 2011.1998
CB Commercial Acquires Richard Ellis:
CB Commercial acquires Richard Ellis in 29 countries and is renamed CB Richard Ellis (CBRE)1998
CBRE’s Investment Division Becomes CBRE Investors:
Westmark Realty Advisors is renamed CB Richard Ellis Investors (CBRE Investors). Hillier Parker Fund Management Group is acquired by CBRE and incorporated into CBRE Investors.2000
Fund of Funds Business Started:
ING RE Select (fund of funds) is founded.2000
Flagship Fund Series Started:
CBRE Investors launches Strategic Partners I, L.P., a value-add fund with a total capitalization of $800 million.2006
CBRE Expands Platform Into Development:
CBRE named to the S&P 500 upon its acquisition of top real estate developer Trammell Crow Company.2006
CBRE Global Multi-Manager Formed:
CBRE Investors Global Multi-Manager platform is formed through the acquisition of Oxford Property Consultants.2006
Caledon Capital Management Founded:
Caledon Capital Management launches in Toronto to develop and manage infrastructure and private equity investment programs.2008
First Private Equity Mandate:
Caledon is selected to manage the private equity program of an $8 billion Canadian public pension plan.2010
First Infrastructure Mandate:
Caledon is selected to assist with developing and managing a new infrastructure program of a $25 billion Canadian institution.2011
World-class Platforms Merge:
CBRE acquires ING Real Estate Investment Management’s European and Asian platforms, as well as ING Clarion Real Estate Securities. The new companies are CBRE Global Investors and CBRE Clarion Securities.2011
Caledon Expands to the U.S.:
A U.S. public pension plan selects CBRE Caledon to manage its infrastructure funds program and source co-investment opportunities.2012
Expansion into Infrastructure:
CBRE Clarion launches the Global Listed Infrastructure Strategy, expanding the platform beyond real estate into real assets.2014
Global Investment Partners Established:
CBRE Global Multi Manager becomes CBRE Global Investment Partners and expands investment program offering.2017
Focus Expanded to Private Real Assets:
Caledon joins the CBRE Global Investors platform, becoming CBRE Caledon and expanding the platform’s private investments beyond real estate into real assets.2019
CBRE Acquires UK Debt Platform:
CBRE acquires Laxfield Capital, a real estate debt investment business that becomes part of the CBRE Global Investors EMEA platform, further expanding the firm’s real assets solutions2021
Brands Merge:
CBRE Global Investors, CBRE Clarion and CBRE Caledon brands merge into a single brand: CBRE Investment ManagementRecent Press Releases
- New York
CBRE Global Investors Appoints Key Executives to Drive Real Assets Investment Strategies
August 17, 2021