London
CBRE Global Investors completes EUR12.5 billion of EMEA transactions in 2017
14 Mar 2018
CBRE Global Investors has completed EUR 12.5 billion of transactions in EMEA during 2017. This includes EUR 7.2 billion of acquisitions and EUR 5.3 billion of disposals. In addition, the direct business was also awarded new asset management mandates totaling approximately EUR 600m of AUM.
2018 is set to be another strong year for CBRE Global Investors with €1.8bn acquisitions already agreed to be closed in 2018 in EMEA.
Sophie van Oosterom, CIO EMEA, CBRE Global Investors said: “In 2017, we successfully invested capital on behalf of our clients in 13 countries and committed to more than 80 transactions across retail, logistics, commercial, residential and hotels. Our results over the past 12 months are based on strong investment performance in an increasingly competitive environment and reflect the continued confidence and trust of our investor clients.
“We have another significant year of transactional activity ahead of us, and we look forward to leveraging our pan-European sector expertise, local market knowledge and established platform to deliver outstanding investment performance for our clients.”
Approximately 40% of the company’s acquisitions were in the retail sector, with a further 30% in industrial and 15% in residential and hospitality. This demonstrates the broad knowledge base within CBRE Global Investors’ local transaction and asset management teams.
John Mulqueen, Head of Transactions EMEA, CBRE Global Investors, said: “These increased volumes reflect the continued success of our dedicated team to execute transactions across the EMEA platform on behalf of a wide range of clients. A detailed understanding of our clients’ investment requirements, coupled with our extensive local expertise enabled us to secure attractive opportunities in areas of the market where we continue to see the potential for superior performance through rental growth and asset management.”
CBRE Global Investors completed almost USD 29.8 billion in transactions globally in 2017. This includes USD 15.6 billion in acquisitions and USD 14.2 billion in disposals.
About CBRE Global Investors
CBRE Global Investors is a global real asset investment management firm with $103.2 billion in assets under management* as of December 31, 2017. 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 largest commercial real estate services and investment firm (based on 2017 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 80,000 employees (excluding affiliates) and serves real estate investors and occupiers through 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 asset-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 asset-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real asset market, and its calculation of AUM may differ from the calculations of other asset managers.
2018 is set to be another strong year for CBRE Global Investors with €1.8bn acquisitions already agreed to be closed in 2018 in EMEA.
Sophie van Oosterom, CIO EMEA, CBRE Global Investors said: “In 2017, we successfully invested capital on behalf of our clients in 13 countries and committed to more than 80 transactions across retail, logistics, commercial, residential and hotels. Our results over the past 12 months are based on strong investment performance in an increasingly competitive environment and reflect the continued confidence and trust of our investor clients.
“We have another significant year of transactional activity ahead of us, and we look forward to leveraging our pan-European sector expertise, local market knowledge and established platform to deliver outstanding investment performance for our clients.”
Approximately 40% of the company’s acquisitions were in the retail sector, with a further 30% in industrial and 15% in residential and hospitality. This demonstrates the broad knowledge base within CBRE Global Investors’ local transaction and asset management teams.
John Mulqueen, Head of Transactions EMEA, CBRE Global Investors, said: “These increased volumes reflect the continued success of our dedicated team to execute transactions across the EMEA platform on behalf of a wide range of clients. A detailed understanding of our clients’ investment requirements, coupled with our extensive local expertise enabled us to secure attractive opportunities in areas of the market where we continue to see the potential for superior performance through rental growth and asset management.”
CBRE Global Investors completed almost USD 29.8 billion in transactions globally in 2017. This includes USD 15.6 billion in acquisitions and USD 14.2 billion in disposals.
About CBRE Global Investors
CBRE Global Investors is a global real asset investment management firm with $103.2 billion in assets under management* as of December 31, 2017. 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 largest commercial real estate services and investment firm (based on 2017 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 80,000 employees (excluding affiliates) and serves real estate investors and occupiers through 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 asset-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 asset-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real asset market, and its calculation of AUM may differ from the calculations of other asset managers.