CBRE announces leadership changes at CBRE Global Investors and Trammell Crow Company

Los Angeles, 2016-Mar-17 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced senior leadership changes in its real estate investment subsidiaries, CBRE Global Investors – a global real estate investment management firm – and Trammell Crow Company – a U.S. real estate development services business. The announcement was made by Bob Sulentic, CBRE’s President and Chief Executive Officer.

Matt Khourie, who has served as CEO of CBRE Global Investors for the past six years, has been named CEO of Trammell Crow Company.  This move marks a return to the real estate development business for Mr. Khourie, who was a senior leader at Trammell Crow Company for 29 years before joining CBRE Global Investors in 2009.

“Matt has made many vital contributions to Global Investors during his tenure as CEO, including delivering strong investment performance for its clients and expanding its footprint,” Mr. Sulentic said. “He is particularly well-suited to lead our Trammell Crow Company business. He is returning to a business where he enjoys tremendous relationships, having been an extremely successful executive at the firm for many years.”

Ritson Ferguson has been named CEO of CBRE Global Investors.  Mr. Ferguson has served on Global Investors’ Global Investment Committee since 2011 and as Chief Investment Officer since 2015. He will also remain as CEO of CBRE Clarion Securities, the company’s real estate securities business.

“Ritson is the ideal successor for Matt,” Mr. Sulentic said. “He has outstanding investment acumen, experience running global strategies and producing great outcomes for our clients, as well as a deep understanding of the Global Investors business, including leading firm-wide investment strategy and execution as CIO.”

Danny Queenan, who was named COO of CBRE Global Investors in August 2015 and also served as CEO of Trammell Crow Company since 2011, will now concentrate the vast majority of his time and energies on running CBRE Global Investors’ operations and strategic initiatives. Although he will not have a day-to-day role in Trammell Crow Company, he will remain active in this business at a strategic level, serving on its Board of Directors.

“Danny has done a superb job of running Trammell Crow Company and now Global Investors will benefit from the increased time and attention he can devote to the business,” Mr. Sulentic said.

“We are very excited to have Matt, Ritson and Danny in these roles,” Mr. Sulentic added.  “Their responsibilities reflect the depth of our senior leadership talent and allow us to capitalize on the skills and experience of three accomplished real estate investment executives. This is consistent with our efforts to deliver great results for clients, employees and shareholders.”

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue).  The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide.  CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.  Please visit our website at www.cbre.com.

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Robert.McGrath@cbre.com

Daniel Queenan becomes COO CBRE Global Investors and Steven Swerdlow appointed CEO CBRE Group Asia Pacific region

Los Angeles, 2015-8-26— /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced two executive leadership appointments:

Daniel Queenan will assume new leadership responsibilities as Chief Operating Officer, CBRE Global Investors, the company’s investment management subsidiary.  Mr. Queenan has relocated back to the U.S. after serving as Chief Executive Officer, Asia Pacific (APAC), for the past two years. Mr. Queenan will have a broad charter to help drive the strategy and operations for CBRE Global Investors and will report to Matt Khourie, Chief Executive Officer, CBRE Global Investors. He will also work closely with Ritson Ferguson, recently named Chief Investment Officer, and the entire CBRE Global Investors leadership team on all facets of the business. Mr. Queenan will serve on CBRE Global Investors’ Executive Committee and Global Investment Committee.

Steven Swerdlow will assume new responsibilities as Chief Executive Officer, Asia Pacific region.  Mr. Swerdlow will oversee all operations in APAC, and will report to Robert Blain, Executive Chairman, APAC, who will retain overall responsibility for the region. Mr. Swerdlow will also play a key role on the Asia Pacific Strategic Group.  A 25-year veteran of CBRE, Mr. Swerdlow has held a wide range of senior leadership positions at the company.  He will maintain his management responsibilities for CBRE’s U.S. Western Division and will split his time between Asia Pacific and the U.S.

“Steve and Danny are two of our most accomplished executives, and they are highly committed to our focus on exceptional client service and operational excellence,” said Bob Sulentic, CBRE’s president and chief executive officer. “Steve brings strong leadership skills to his new role and will work closely with Rob to drive further growth across Asia Pacific.  Danny did an outstanding job of partnering with Rob to lead Asia Pacific. His more than 20 years of operating and investment experience will be a great complement to Matt, Ritson and our CBRE Global Investors team.“

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue).  The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.

For Further Information

Robert Mcgrath
T +1 212 9848267
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CBRE Global Investors closed CBRE Strategic Partners U.S. Value 7, L.P., with equity commitments of more than $1.3 billion

LOS ANGELES, 2015-7-3 — /EPR Retail News/ — CBRE Global Investors today announced the final closing of CBRE Strategic Partners U.S. Value 7, L.P., with equity commitments of more than $1.3 billion from 26 institutional investors in the United States, Europe, the Middle East and Asia.

Strategic Partners U.S. Value 7, which is now closed to new investors, is expected to have total purchasing power of more than $3.3 billion, including leverage.  The fund has invested 75 percent of this amount, or $2.5 billion, in high-quality office, multifamily and hotel assets. Its office properties have executed leases on 760,000 square feet of space. The Strategic Partners U.S. program has raised $7.2 billion in equity in 10 funds in the past 15 years.

This fund is a continuation and evolution of CBRE Global Investors’ enhanced-return strategy in the U.S. The investment team is targeting value-added-level returns through investment in institutional-quality real estate at a discount to reproduction cost in U.S. markets that are expected to outperform the overall real estate market. Additionally the team is working to execute a market-leading value enhancement strategy that includes repositioning underperforming assets and improving occupancy levels through implementation of Strategic Partners’ signature tenant amenity programs, including 5-Star Worldwide for office buildings and Inspired Lifestyle for multi-family assets.

“We have a cycle-tested investment team that has already made substantial progress toward executing a disciplined and selective investment plan where we expect to be able to enhance value through our strong operations,” said Vance Maddocks, President of Strategic Partners U.S. “We thank our investors and their consultants for the confidence they have placed in us through their commitments to this fund.”

About CBRE Global Investors
CBRE Global Investors is a global real estate investment management firm with $87.1 billion in assets under management* as of March 31, 2015. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.

CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBG). It harnesses the research, investment sourcing and other resources of the world’s premier, full-service commercial real estate services and investment firm for the benefit of its investors. CBRE Group, Inc. has more than 52,000 employees in more than 370 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com.

*Assets under management (AUM) refers to the fair market value of real estate-related assets with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice, and which generally consist of investments in real estate; equity in funds and joint ventures; securities portfolios; operating companies and real estate-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real estate market, and its calculation of AUM may differ from the calculations of other asset managers.​

For Further Information:

Pam Barnett
Director, Mktg & Comm
T +1 213 6834368
email