Investors - OCTOBER 23, 2013

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CBRE fund to be fully invested by the end of the year

by Andrea Waitrovich

CBRE Global Investors has invested all of its capital for CBRE Strategic Partners U.S. Value 6, which held a final close in December 2012 with $1.1 billion.

Fund 6 invests in primarily in technology markets and energy markets, such as San Jose, Denver, Dallas and Houston. These markets make up about 50 percent of Fund 6’s assets. The fund will have 27 assets, totaling about $2.6 billion.

“There have been great opportunities for Fund 6, particularly with our strategies,” says Vance Maddocks, president of CBRE Strategic Partners U.S. “All the funds in the series have been successful fundraising and deploying capital wise.”

The value-added fund had a 12-month fundraising period between the initial closing in December 2011 and the final closing. About 50 percent of the capital was invested before the final closing.

The firm expects t

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