CBRE Investment Management Continues Expansion of Sustainability Team with Appointment of New Director
February 21, 2023
CBRE Investment Management (“CBRE IM”) has appointed Chris Burgess as ESG Lead for Indirect Real Estate. He will play an integral role in implementing and delivering CBRE IM’s Sustainability Vision – which focuses on bringing positive change – across the firm’s global indirect investments.
Chris joins from ESG consultancy EVORA Global, where he developed ESG strategies for international real estate investment companies. Since 2007 he has spent his career in the sustainability space, including working on development practices across major infrastructure and real estate construction projects for engineering consultancy Arup.
Based in London, Chris will be at the forefront of interacting with CBRE IM’s clients to communicate the firms’ sustainability practices, initiatives and performance information. He will also drive sustainability best practice throughout the real estate investment life cycle by working closely with CBRE IM’s investment management teams and managers of its indirect portfolio.
Helen Gurfel, Head of Sustainability & Innovation at CBRE Investment Management, commented: “Chris brings valuable experience as we continue to integrate and deliver our Sustainability strategy across our indirect investments. From monitoring and evaluating our performance against tough environmental objectives to completing Sustainability projects, he will work with colleagues across the entire business as we look to fulfil our goals.”
CBRE IM Indirect Private Real Estate (CBRE IM Indirect) is the regulated entity within CBRE Investment Management that manages Indirect Real Estate Strategies with operating partners via funds, co-investments, recapitalisations and joint ventures. Clients invest via separate accounts, many of which have a global remit, and pooled funds.
About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm with $143.9 billion in assets under management* as of September 30, 2022, operating in more than 30 offices and 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive.
CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm (based on 2021 revenue). CBRE has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE’s data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit www.cbreim.com.
*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management 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 Investment Management’s presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings.
CBRE Investment Management Indirect Limited is authorised and regulated in the United Kingdom by the Financial Conduct Authority (FCA) and is a registered investment advisor with the United States Securities & Exchange Commission (SEC). Registration with the SEC does not imply a certain level of skill or training.