CBRE Global Real Estate Income Fund : Investment Management Evolves Operating Model with Newly Created Role Office Property Platform Lead EMEA

CBRE Investment Management ("CBRE IM") has appointed Jaap Snellen to the sector leadership team as Office Property Platform Lead EMEA. In this newly created fulltime role, he will be responsible for defining and delivering strategies for asset management and for the firm's third-party property management service providers, as well as maintaining best-in-class operations across the office platform.

The role has been created to deliver on the office property platform's strategic objectives, to enhance investment and sustainability performance and to continue improving on the service CBRE IM provides to investor and tenant clients. Reporting to John Mulqueen, Head of Offices EMEA, the pair will work closely together along with the heads of asset management, asset managers and analysts across the European business.

Jaap has worked for CBRE IM for over 16 years and most recently was Head of Office Asset Management for Netherlands and Belgium, where he was responsible for the management and performance of all office assets in the region. Succeeding him in the role will be Saskia de Nie, who has over 11 years industry experience and most recently was CBRE IM's Director Asset Management in the Netherlands responsible for a number of separate account mandates and for assets in the Dutch office portfolio.

John Mulqueen, Head of EMEA Offices Operator Division at CBRE Investment Management, said: "I'm thrilled to congratulate Jaap and Saskia on their promotions to Office Property Platform Lead EMEA and Head of Office Asset Management for Netherlands and Belgium respectively. To be able to fill both these roles internally demonstrates, yet again, the fantastic talent and strength of our team, and Jaap and Saskia will be tremendous assets as we continue to realise our ambitions to create a market leading office asset management platform."

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.