London
CBRE Investment Management Strengthens its UK Sustainability Capability with Appointment of New Director
November 27, 2024
Media Contact
Head of EMEA Media Relations
CBRE Investment Management (“CBRE IM”) has appointed George Crone as Sustainability Lead for UK Direct Investments.
George will support asset and portfolio managers in the UK in accelerating the delivery of CBRE IM’s Sustainability Vision and Zero Emission Building Roadmap. A key part of his role will be leading CBRE IM’s engagement with UK based investors and occupiers.
George will report to Robbie Epsom, EMEA Head of Sustainability, in this newly created position that further expands the Sustainability team, which is led by Global Head of Sustainability & Innovation, Helen Gurfel.
Joining from CBRE Advisory where he has consulted to CBRE IM portfolios since 2018, George brings a depth of existing knowledge of our UK AUM and stakeholders in their management. As such he will hit the ground running in the UK while drawing on his 11 years of sustainability experience to provide technical support and resilience to sustainability colleagues and ambassadors in Continental Europe and Indirect Investments.
Robbie said: “At CBRE IM our focus on sustainability is fundamental to mitigating risk, creating value, maximizing long-term investment returns and helping to preserve our planet for future generations. We are thrilled that George has joined the investment management team, where using his already extensive knowledge of our portfolio and occupiers he will help accelerate our ambition to deliver net-zero carbon performance and physical resilience across our assets.”
George added: “With investor pressure on returns and the delivery of sustainability, particularly zero emission buildings, now is a challenging but exciting time to join the Investment Management business. I look forward to supporting and guiding our team of managers as they deliver on CBRE IM’s Sustainability Vision.”
About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm with $148.3 billion in assets under management* as of September 30, 2024, 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 2023 revenue). The company has more than 130,000 employees (including 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.