CBRE Investment Management

'Tis the season to celebrate! Wishing all our team members and clients around the world a happy and safe holiday season, along with a prosperous New Year. Thank you for your continued partnership, and we look forward to collaborating even more in #2025.

“Speculative development remains attractive in some markets due to favourable yield spreads and lower land prices, despite liquidity constraints for large transactions”. Laurie Lagarde, Head of our #EMEA Logistics Operator Division, shared her view with Francesco Magon’s for Green Street News: Europe outlook piece on what 2025 has in store for the French investment market. Despite uncertainties around new regulations, political instability and some structural issues, Laurie believes the #logistics sector is poised for continued growth and resilience. Read the full article here: https://cbreim.co/49GNTQV

In the latest edition of the Infrastructure Quarterly, we provide a year-end review of the economic impacts on infrastructure, unpack the latest investment trends and highlight the unprecedented scale of resources required to meet the rising demand for power and data—plus, we asked our in-house Chatbot if #GenerativeAI is hype or reality! Read the full article here: https://cbreim.co/3ZZHihj

How do we find the best solutions to address the #affordability housing crisis? Listen to Hilke Nijmeijer, Portfolio Manager, Europe #Residential Strategy on how, in her view, we can deliver more #housing with the entire value chain working together and leading institutional capital into the market. Watch it here 👇 https://cbreim.co/3VICUR8

Today we announced an agreement with Altus Power, Inc., the largest commercial scale provider of clean electric power, to construct a 10.5-megawatt solar project on three modern #logistics buildings in New Jersey totaling more than 1.1 million sq. ft., in partnership with leading developer, Trammell Crow Company. Read more in the announcement 👉 https://cbreim.co/3Dket6k

As an #investor and #operator, CBRE IM is committed to leading in occupier satisfaction. We believe that by understanding and addressing the needs of our occupiers, we can deliver exceptional service and improve portfolio performance, knowing satisfied tenants are 2.9x more likely to renew their leases*. To gain valuable insights into our #occupiers' needs, we recently conducted our annual Kingsley Occupier Satisfaction Survey across our EMEA assets, covering over 330 properties and engaging 5,500 occupiers. Key Highlights: 🏆 134 of our properties won the 2024 Kingsley Excellence Award 🛒 Overall satisfaction across all property types improved from 2023, with retail significantly exceeding the Kingsley Index 📈 Response rates across our entire EMEA portfolio are aligned for offices and exceeded the industry average for industrial, retail and multifamily 📖 Results openly shared with our occupiers for full transparency ✅ Comprehensive insights delivered to #assetmanagement teams, with proactive steps to address any areas of improvement. By conducting this survey, we demonstrate our commitment to listening and responding to our occupiers' needs. The insights gained inform our action plans to enhance the #occupier experience, ensuring we continue to meet and exceed expectations. Rik Eertink Laura Wilson-Brown Chris Pople Bas van Winden Marius Schoener Laurie Lagarde Eric Decouvelaere Jan-Willem Bastijn *Calculated by Kingsley on the data gathered

Attractive occupational fundamentals, healthy income growth potential and increasing signs of capital values having bottomed out, create a compelling window of opportunity in the European residential real estate market. Learn more in the latest edition of IM Informed.

“We are seeing re-allocations of capital from offices into logistics and core investors are coming back,” said Head of our EMEA Logistics Operator Division, Laurie Lagarde, speaking about the #French market at Real Asset Media’s ‘Outlook 2025’ event. The fundamentals of the French #logistics market are good as demand from the e-commerce sector continues to outstrip supply. Nearshoring is also a driving factor for logistics. Laurie explained: “The nearshoring and reshoring trends are being amplified…International investors are diluting risk by spreading out geographically and Europe can offer this. We can see a lot of activity in the UK right now as the market stabilises, but France is also one of the preferred strategies, amongst others.” For more insights into the French real estate market, visit: https://cbreim.co/3ZW4Ovu

Our latest article explores how transitioning from greenfield to brownfield sites can reshape Europe’s real estate landscape. With rising regulations focusing on biodiversity, we believe these developments present lucrative opportunities for both developers and investors. Check out our key takeaways and read the full article to learn more: https://cbreim.co/3ZSJAP6

“Generative AI provides a significant incremental boost to digital infrastructure and power generation in certain regions,” says Tania Tsoneva, CFA, our Head of Infrastructure Research, for a feature in Latitude Media on the rise of the #AI #Infrastructure asset class. Tania explains how the emergence of a new investment category at the intersection of AI and infrastructure requires it to be an essential service, with a predictable cash flow, high barriers to entry, and inflation linkage. Read more here: https://cbreim.co/49Cgy9M