Professional Experience
Elisabeth (Liz) Troni is Portfolio Manager for CBRE Investment Management's U.S. direct core strategy. Based in New York, Liz is responsible for performance and strategy.
Liz joined CBRE Investment Management in 2019 as the firm’s Lead Global Portfolio Strategist. In this role, she worked directly with large investors and the firm’s flagship strategies to deliver portfolio design and investment solutions recommendations within and across real assets categories, structures and geographies. In August 2020, Liz was appointed Fund Manager of the firm’s flagship global Indirect strategy, and under her leadership the team delivered market-leading results. Liz was appointed Portfolio Manager of the U.S. direct core strategy in September 2024.
Prior to joining CBRE Investment Management, Liz was the Head of EMEA Research and Insight for Cushman & Wakefield, leading a team of 80+ staff and serving on the firm's EMEA executive leadership team. Over her 20+ year career, she has also spent considerable time working on global indirect real estate investment vehicles.
In this capacity, Liz spent a combined nine years as the Global Portfolio Strategist for UBS Global Asset Management and Aberdeen Standard (formerly Aberdeen Asset Management), advising on global real estate portfolio strategy and serving as a voting member of both firm’s Global Indirect Real Estate investment committees. In both roles, Liz was also an active member of multi-asset strategy committees and investment executions, representing the role of real assets in a wider portfolio context.
Liz earned a Bachelor of Arts degree (magna cum laude) in Economics and Political Science from Columbia University in New York City. She is a member of the Urban Land Institute and the Investment Property Forum. She holds dual citizenship of the U.S. and U.K. and is proficient in Italian and Spanish. Liz is a Certified Person under the FCA’s Senior Managers & Certification Regime (SMCR).