History

CBRE Global Investors was founded in 1972 as the investment management subsidiary of Coldwell, Banker & Company and began investing in real estate for U.S. tax-exempt investors that same year.

By 1998 the firm had $6 billion of assets under management in separate accounts and commingled funds. That same year CB Commercial, as the parent company was then known, acquired Richard Ellis International to create CB Richard Ellis, the leading global real estate services organization.

Over the next decade, CBRE Global Investors underwent significant strategic changes, growing from a domestic pension fund adviser to a multi-strategy global investment organization. By putting in place a dedicated team model and leveraging our unique access to a global real estate platform, the firm branched out from Los Angeles and London to 20 offices across North America, Europe, Asia, Australia and the Middle East and expanded its program offerings from core-only direct programs to a series of complementary strategies positioned along the risk/return spectrum.

In 2011, CBRE acquired substantially all of the ING Real Estate Investment Management (ING REIM) operations in Europe and Asia from Netherlands-based ING Group N.V., as well as Clarion Real Estate Securities (CRES), its U.S.-based global real estate listed securities business. The newly acquired operations have been merged with the company’s existing real estate investment management business, and the combined business now operates as CBRE Global Investors.


Timeline 

1773

​Richard Ellis is founded in London.

1906

​Coldwell Banker is founded in San Francisco.

​1970s

​Coldwell Banker Asset Management Services is established in the US. Hillier Parker Fund Management Group is established in the UK.

1995

​Investment management capabilities are expanded in the US through the acquisition of Westmark Realty Advisors.

1998

​CB Commercial acquires Richard Ellis in 29 countries and is renamed CB Richard Ellis (CBRE). Westmark Realty Advisors is renamed CB Richard Ellis Investors (CBRE Investors). Hillier Parker Fund Management Group is acquired and incorporated into CBRE Investors.

2000

​CBRE Investors launches Strategic Partners I, L.P., a value-added fund with total capitalization of $800 million.

2001

​CBRE successfully concludes privatization.

2003

​CBRE acquires Insignia Financial Group.

2004

​CBRE returns to being a public company. CBRE Investors launches Global Real Estate Securities (CBRE GRES) platform to provide investors with access to the publicly-traded G-REIT market.

​2006

​CBRE Investors' Global Multi Manager (GMM) platform is formed through the acquisition of Oxford Property Consultants.

2008

​CBRE Investors establishes Capital Partners real estate finance platform to capture market opportunities caused by the dislocations in the U.S. capital markets through the origination of real estate debt and investment in real estate-related debt securities.

2010

​CBRE Investors launches the CB Richard Ellis U.K. Property Fund, the first U.K. direct property fund managed by a property investment manager for defined contribution pension investors. 

2011

​CBRE acquires ING Real Estate Investment Management’s European and Asian platforms, as well as ING Clarion Real Estate Securities. CBRE Investors becomes CBRE Global Investors.

2014

​CBRE Global Multi Manager becomes CBRE Global Investment Partners and expands investment program offering.