CBRE GLOBAL REAL ESTATE INCOME FUND CBRE Investment Management ("CBRE IM") has appointed Justine Weber Bret as Director of Transactions & Asset Management Logistics in the Nordics. Reporting to Laurie Lagarde, Head of EMEA Logistics Operator Division, she will source, acquire and manage logistics and industrial assets.
Justine's appointment marks a further strengthening of the CBRE IM's Nordic team, following the recent appointment of Jenny Tuleby as Head of Transactions and Investment Operations Nordics.
Joining from NCAP in Sweden, where, as Investment Director Justine was responsible for sourcing and acquiring real estate in Sweden on behalf of international investors through all sectors and risk/return profiles. Prior to this, she worked at Steen & Ström as Asset Management Leader Sweden. In Justine's early career she spent six years with CBRE Global Investors (now CBRE IM) in fund management and transaction roles.
With a degree in Finance, Justine brings 14 years of real estate investment and asset management experience to the role, including deal sourcing, buy/sell transactions, underwriting, negotiation, and project management through Europe. She will be based in Stockholm.
Rik Eertink, President, EMEA Real Estate Division at CBRE Investment Management, said: "We're delighted to be welcoming Justine back to the team at this exciting time for our Nordic operations. She brings with her a wealth of experience which will complement our work in the region, as well as extensive knowledge of the local real estate landscape, and together with Jenny Tuleby and the rest of the team will drive our ambitions forward."
In the Nordics, CBRE Investment Management manages a multi-asset class portfolio of around €970 million* on behalf of various funds and separate accounts invested in the region. The firm is actively looking for further growth opportunities in the region, with a strong focus on logistics and residential.
*As of 30 June 2022
About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm with $146.9 billion in assets under management* as of June 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.
Justine's appointment marks a further strengthening of the CBRE IM's Nordic team, following the recent appointment of Jenny Tuleby as Head of Transactions and Investment Operations Nordics.
Joining from NCAP in Sweden, where, as Investment Director Justine was responsible for sourcing and acquiring real estate in Sweden on behalf of international investors through all sectors and risk/return profiles. Prior to this, she worked at Steen & Ström as Asset Management Leader Sweden. In Justine's early career she spent six years with CBRE Global Investors (now CBRE IM) in fund management and transaction roles.
With a degree in Finance, Justine brings 14 years of real estate investment and asset management experience to the role, including deal sourcing, buy/sell transactions, underwriting, negotiation, and project management through Europe. She will be based in Stockholm.
Rik Eertink, President, EMEA Real Estate Division at CBRE Investment Management, said: "We're delighted to be welcoming Justine back to the team at this exciting time for our Nordic operations. She brings with her a wealth of experience which will complement our work in the region, as well as extensive knowledge of the local real estate landscape, and together with Jenny Tuleby and the rest of the team will drive our ambitions forward."
In the Nordics, CBRE Investment Management manages a multi-asset class portfolio of around €970 million* on behalf of various funds and separate accounts invested in the region. The firm is actively looking for further growth opportunities in the region, with a strong focus on logistics and residential.
*As of 30 June 2022
About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm with $146.9 billion in assets under management* as of June 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.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
CBRE Clarion Global Real Estate Income Fund published this content on 06 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 September 2022 05:29:03 UTC.
