CBRE Clarion Global Real Estate Income Fund Appoints Heidi Stam as an Independent Trustee Effective June 1, 2020
June 24, 2020 at 04:30 pm EDT
Share
The Board of Trustees of the CBRE Clarion Global Real Estate Income Fund announced that Heidi Stam has been appointed to the Board and joined as an independent Trustee effective June 1, 2020. Ms. Stam has 30 years of investment industry experience with comprehensive knowledge of asset management and capital markets. Prior to her retirement in 2016, she served as Managing Director and General Counsel at Vanguard and as a member of the senior executive team responsible for strategy, capital allocation and talent.
CBRE Global Real Estate Income Fund (the Trust) is a diversified, closed-end management investment company. The Trustâs primary objective is high current income, and its secondary objective is capital appreciation. It invests globally with an emphasis on the income-producing common equity and preferred stocks of real estate companies. It can invest up to 25% of its assets in preferred shares of global real estate companies. The Trust invests in Real Estate Equity Securities where dividend distributions are subject to withholding taxes as determined by United States tax treaties with respective individual foreign countries. The Trust may invest up to 20% of its total assets in preferred securities that are rated below investment grade. Its portfolio of investments includes residential, industrial, data centers, malls, health care, office, towers, shopping centers, hotels, and self-storage. CBRE Investment Management Listed Real Assets LLC is the investment adviser of the Trust.
CBRE GLOBAL REAL ESTATE INCOME FUND 
