CBRE Investment Management secures new finance facility for indirect secondaries strategy

CBRE Investment Management (CBRE IM) has secured a new finance facility for its indirect secondaries strategy, to be delivered by RBS International (RBSI), part of the NatWest Group.

The subscription credit facility is scalable up to $250 million and is secured by a limited group of investors. Designed to be flexible, the new facility gives CBRE IM rapid access to external debt to support its growing investment pipeline. The facility also provides the capability for loans to be drawn via multiple borrowing vehicles, to provide for the differing needs of varied investment geographies.

The new facility supports CBRE IM’s indirect secondaries strategy, which seeks opportunistic returns by identifying thematic real estate trends in markets where liquidity or capital constraints present opportunities to acquire high-quality real estate on attractive terms.

“We have worked collaboratively with RBSI for many years, across several strategies — it is a tried an