CBRE Global Investors has completed €12.5bn of transactions in EMEA during 2017. This includes €7.2bn of acquisitions and €5.3bn of disposals. In addition, the direct business was also awarded new asset management mandates totalling approximately €600m of AUM.
2018 is set to be another strong year for CBRE Global Investors with €1.8bn acquisitions already agreed to be closed in 2018 in EMEA.
Sophie van Oosterom, CIO EMEA, CBRE Global Investors said: “In 2017, we successfully invested capital on behalf of our clients in 13 countries and committed to more than 80 transactions across retail, logistics, commercial, residential and hotels. Our results over the past 12 months are based on strong investment performance in an increasingly competitive environment and reflect the continued confidence and trust of our investor clients. We have another significant year of transactional activity ahead of us, and we look forward to leveraging our pan-European sector expertise, local market knowledge and established platform to deliver outstanding investment performance for our clients.”
Approximately 40% of the company’s acquisitions were in the retail sector, with a further 30% in industrial and 15% in residential and hospitality.
John Mulqueen, Head of Transactions EMEA, CBRE Global Investors, said: “These increased volumes reflect the continued success of our dedicated team to execute transactions across the EMEA platform on behalf of a wide range of clients. A detailed understanding of our clients’ investment requirements, coupled with our extensive local expertise enabled us to secure attractive opportunities in areas of the market where we continue to see the potential for superior performance through rental growth and asset management.”