CBRE Global Investors today announces that it is creating a global sector-specific logistics team to enhance and better align its global expertise within the growing logistics sector. This highlights the firm’s commitment to providing specialist investment opportunities that drive performance and value for investors.
In EMEA, CBRE Global Investors continues to scale its logistics efforts across the region, which currently includes US$14 billion of direct logistics AUM, with two new promotions: In October 2021, Christina Forrest will become Head of EMEA Direct Logistics Strategies and Fund Manager for the CBRE European Industrial Fund and CBRE Logistics Venture, and Laurie Lagarde will become Head of EMEA Logistics Operator Division and will lead the sector-specialized team in the execution and operation of CBRE Global Investors’ EMEA direct logistics investments.
Ms. Forrest is a 16-year real estate investment industry veteran and most recently served as Fund Manager for our logistics-focused European value-add fund series, for which she will maintain oversight responsibility. Ms. Lagarde has over 20 years’ experience in the logistics industry, including five years with the firm leading logistics investment strategies and 10 years with a leading logistics firm, where she headed up European logistics transactions.
In the U.S., the firm recently welcomed Mary Lang as Head of Americas Direct Logistics Strategies. She recently joined the firm from a leading logistics firm, bringing more than 20 years of real estate experience. Ms. Lang will work closely with Gary Jaye, who has been promoted to Head of Americas Logistics Operator Division. Mr. Jaye has a proven track record within the field, having spearheaded the execution of more than US$5 billion of logistics investments across the U.S. in his 15-year tenure with the firm.
In APAC, Adrian Baker and his team of logistics-sector specialists complete the global logistics sector leadership team and continue to drive the firm’s APAC Investor-Operator model in key markets in Japan, South Korea and China. Over the last five years, the team has executed more than 50 logistics investments, with US$4 billion of current direct logistics AUM.
This development is another step in CBRE Global Investors’ strategic ambition to deliver real assets investment solutions that drive outperformance. With a global portfolio of over US$32 billion of logistics real estate assets under management, the firm is harnessing investor and operator capabilities to bring together a sector-specific approach—which has been applied in region for many years—to devise and deliver innovative, globally aligned sector solutions that capitalize on market opportunities.
“With a 50-year track record of identifying and enabling logistics investment opportunities, CBRE Global Investors offers a value proposition as an investor and operator of logistics real assets that is enhanced by our affiliation with CBRE, our parent organization,” commented Chuck Leitner, CEO, CBRE Global Investors. “We have deep knowledge and scale in the sector. With favorable forecasts* and a recommended overweight for logistics in all three of our key regions, we believe this sector will continue to create vast future opportunities. As such, we are delighted to bring together top specialists to help our clients find opportunities and realize returns based on our unique ability to deliver on all aspects of an investment’s lifecycle.”