CBRE Investment Management

Investing in rental homes for Europe’s forgotten middle is essential, argues Hilke Nijmeijer, Senior Portfolio Manager for our Europe #Residential strategy, in her guest column for Green Street News. Many middle earners including teachers, nurses, doctors and police officers who form the backbone of society are struggling to afford to live in the cities they work in. With many unable to access subsidised public housing but also unable to buy in the current market, this “forgotten middle” are being forced to rent for longer in a private sector where a shortage of #affordable accommodation and growing demand means rocketing rents. Investors can play an important role in increasing the supply of homes for middle earners, but to capitalise on this opportunity, they will need to navigate regulatory risks in different jurisdictions while aiming to deliver predictable income returns and create positive #socialimpact. Working with policy makers to help ensure the regulatory environment can incentivise investors to build much-needed homes for the forgotten middle, while ensuring they are affordable, #sustainable and of a high standard, will also be important. Read Hilke’s full article here: https://cbreim.co/3Yd0MP0

In our view, listed real assets offer discounted valuations and investment opportunities in next-generation assets, particularly for #RealEstate and #Infrastructure solutions driven by the rise of #GenerativeAI. Our latest publication explores the potential for listed real assets to outperform, focusing on themes like powering Generative AI and value-driven investments in renewable energy, cell towers, single-family rentals and storage. Dive deeper into this evolving landscape: https://cbreim.co/4feNYgZ #REITMarkets

Laurie Lagarde, our #EMEA Head of Logistics Operator Division sat down with GRI Club to discuss the trends that are shaping the European #logistics sector. Laurie talks about how #sustainability, occupier requirements and labour skills shape our logistics strategy to meet the needs of both #investors and #operators – for today and the future. Watch Laurie’s interview here: https://cbreim.co/4cRwsxR

Exciting news! We have been shortlisted twice at the Funds Europe Awards 2024 for excellence spanning asset management firms and asset servicing providers. We're shortlisted in the following categories: 🏆 European Asset Management Firm of the Year – AUM greater than €100bn, and 🏆 European ESG Manager of the Year. Our fingers are crossed for the big reveal in November! You can view the full shortlist here: https://cbreim.co/4bXc0dN #assetmanagement

The current investment environment makes #realassets necessary for a diversified #portfolioallocation and long-term growth. Hear more from Dominic Garcia, Chief Pension Investment Strategist, and explore our latest insights. https://cbreim.co/3Wjs1EO

We are delighted to see that the results of INREV’s 'Unlocking affordable PRS to address the twin challenges of housing need and decarbonisation' study reflect our approach to #residential #investment. We are particularly pleased to be aligned on the need for affordability and carbon reduction; 🏠 Across our #EMEA residential funds, rent represents only 23% of net medium income, significantly below the accepted affordability definition of 30%. This demonstrates our commitment to providing truly #affordable accommodation across Europe. ♻️ We are passionate about #decarbonisation, reflecting this, 89% of our EMEA residential funds average EPC B or better. We are actively working to achieve 100%. We support the continued growth of institutional investment into residential across EMEA and are passionate about being at the forefront of achieving our investors' fiduciary goals while investing responsibly. Read the paper here: https://cbreim.co/4fdQCUr

“The electrification of urban transport in all different guises…will continue to offer a growing opportunity set for investors.” With urban transportation a long way from meeting its desired role in the energy transition, Andreas Köttering, our Head of Europe Private Infrastructure, has been quoted in this Infrastructure Investor article exploring the role that technology and private capital can play in bridging this gap: https://cbreim.co/3ScxPPn #infrastructure #urbantransport

“We believe the trough has been reached and price corrections have slowed down across the region. So, we believe timing for investment is very attractive at the moment and over the coming 12 months.” Marius Schoener, head of our #EMEA residential operator division, recently spoke with Marie-Noelle Sbresny at Green Street News: Europe to discuss target countries, asset sources and market outlook in the #residential sector. You can read the full interview here: https://cbreim.co/3zOsMyl

We’re delighted to announce, on behalf of a fund sponsored by CBRE IM, that we have acquired two newly developed Spanish #logistics assets with a combined gross leasable area of more than 30,000 sq m. The assets were developed by ITERCON and are located in the #Madrid municipality of Camarma de Esteruelas and Illescas, Toledo, one of the main logistics hubs in Spain. Both assets have excellent locations, close to motorways, and incorporate high #sustainability criteria, which includes achieving BREEAM New Construction "Very Good". Read more here: https://cbreim.co/4cHGh19 Jeroen de Grunt Antonio Roncero

🌎 We’re excited to share our third annual #Climate Report, which sets out our approach to assessing climate #risks and #opportunities and aligns with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). The report details our progress over the last year, including moving from #netzero target setting to creating pathways for achieving our targets and continuing to develop new processes to assess, manage and execute on sustainability opportunities and risks. 👇 Read the full report below.