CBRE Investment Management announced today a sustainability initiative that is intended to scale the development of solar projects within its direct logistics portfolio, which now spans 17 countries worldwide and encompasses more than 600 assets, 200 million sq. ft. and $30.2 billion AUM. CBRE Investment Management is working closely with Altus Power, Inc., a premier commercial-scale clean electrification company, in the U.S. and Europe to establish solutions that are focused on decarbonization and resiliency, including the development and installation of solar power generation, battery storage and electric-vehicle charging systems. CBRE Investment Management’s enhanced focus on clean electrification comes two years after the business adopted its logistics investor-developer-operator model that focuses on delivery across all aspects of an asset’s lifecycle, from investment through to the user experience. In line with this, the firm created a global sector-specific logistics team in June 2021 to enhance and better align its expertise across the sector. Since then, CBRE Investment Management’s direct logistics assets under management have increased by more than 34% from $22.5 billion to $30.2 billion, while the firm’s full real assets portfolio now stands at a record high of $146.9 billion.
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., the world’s largest commercial real estate services and investment firm. CBRE has more than 105,000 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.