CBRE Global Investors has signed a three-year agreement with ICSC Europe as a European partner.
CBRE Global Investors has signed a three-year agreement with ICSC Europe as a European partner.
CBRE Global Investors has over $88 bn (€66 bn) of assets under management globally, of which over $33 bn is in Europe, Middle East and Africa.
The global real estate investment management company joins established partners, Aareal Bank, Corio, ECE Projektmanagement, CBRE, Jones Lang LaSalle and Cushman & Wakefield and the newly-signed industry technology supplier Path Intelligence which became an ICSC partner in September.
Florencio Beccar, director retail investments EMEA, CBRE Global Investors commented: 'With retail making up 47% of our portfolio in Europe we are one of the biggest managers of retail in the private equity space. In this capacity, we have always been very supportive of the work that ICSC does for the sector. We understand the importance of ICSC as an industry body and are very much looking forward to building our relationship with them.'
ICSC Europe managing director, Mike Morrissey, said: 'We are delighted to welcome CBRE Global Investors as an ICSC European Partner. ICSC Europe now has over 6,000 members, triple that of 18 months ago and more than ever before in its history. The opportunities for our partners and members to build their networks at all levels through the organisation have never been greater.'
Morrissey added: 'Europe has begun the long climb out of recession and this is an exciting time for ICSC Europe’s members to actively contribute to the future prosperity of the region. We look forward to working with CBRE Global Investors in supporting its growth.'
Founded in 1957, ICSC is the global trade association of the shopping centre industry. It has over 60,000 members in more than 90 countries including shopping centre owners, developers, managers, marketing specialists, investors, retailers and agents, as well as academics and public officials.
