PropertyEU
CBREI sees more appetite for European deals
Date: 4 February 2011
Category: Magazine
CBRE Investors sees appetite to invest in 'interesting opportunities' in Europe within its investor base, Jean Lamothe, CBRE Investors' new president for Europe has told PropertyEU Magazine.

Europe represents approximately 35% of CBRE Investors' $35.7 bn (EUR 26.6 bn) in assets under management worldwide. 'Historically, the presence in Europe has been quite important and I see potential to increase that,' Lamothe said. 'We’re seeing some interesting opportunities in Europe and an appetite to invest in Europe within our investor base and we feel we are strategically positioned - through our platform, institutional capability and market coverage - to channel that money into deals.'

Lamothe was appointed president of CB Richard Ellis Investors' pan-European operations in November. In this newly created position, he is responsible for the strategic direction and day-to-day management of CBRE Investors' pan-European platform. From his base in Paris, Lamothe also oversees the firm's existing direct investment programmes and new business initiatives in Europe, where it has around EUR 9.25 bn in assets under management.

Lamothe declined to comment on market speculation that the CBRE Group was moving closer to acquiring ING Real Estate Investment Management (ING REIM), the largest global property investment manager.

The full interview with Lamothe appears in the February edition of PropertyEU Magazine. Click on the link below to subscribe
 
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