Publications

CBRE Investment Management purchases $4.9b portfolio from Hillwood Investment Properties
Real Estate - JANUARY 4, 2022

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

CBRE Investment Management purchases $4.9b portfolio from Hillwood Investment Properties

by Andrea Zander

CBRE Investment Management, a subsidiary of CBRE Group, and Hillwood Investment Properties have entered into definitive agreement whereby entities affiliated with CBRE Investment Management will acquire a more than 57-asset, 28.4-million square-foot portfolio of state-of-the-art logistics properties in the United States and Europe valued at approximately $4.9 billion from Hillwood.

The portfolio includes 33 U.S. assets, totaling 19.2 million square feet, and 24 assets across Germany, Poland and the United Kingdom, totaling 9.2 million square feet. The transaction is subject to customary closing conditions, and CBRE Investment Management expects to close on the assets in stages through its investment products in the U.S. and Europe.

“This milestone transaction reflects our ability to leverage the strong financial capacity of our parent company to secure compelling opportunities that help to drive strategic real assets solutions for our clients,” said Chuck Leitner,

Forgot your username or password?