CBRE Names Co-CEOs for Investment Management Business
06 December 2024 - 12:15AM
Business Wire
CBRE Group, Inc. (NYSE:CBRE) today announced that Adam
Gallistel and Andy Glanzman have been named Co-Chief
Executive Officers of CBRE Investment Management.
Gallistel will serve as Co-Chief Executive Officer and Chief
Investment Officer with responsibility for investment strategy and
performance and with a strong focus on investor engagement.
Glanzman will serve as Co-Chief Executive Officer and President
with responsibility for developing and executing the business
strategy and overseeing day-to-day operations. Gallistel and
Glanzman will co-chair CBRE Investment Management’s Executive
Committee and will report to Bob Sulentic, CBRE’s Chair and Chief
Executive Officer.
Gallistel will join CBRE Investment Management on April 1, 2025,
from Singapore sovereign wealth fund GIC, where he serves as Head
of both Americas Real Estate and Global Real Estate Credit.
Gallistel joined GIC in 2004 and assumed leadership of its Americas
business in 2015. Since then, he has become one of the most
prominent real assets investors in the Americas, with a focus on
next-generation growth sectors, including data centers and other
sectors that sit at the intersection of real estate and
infrastructure. Gallistel also serves on GIC Real Estate’s Global
Investment Committee, which oversees all real estate
investments.
Glanzman, who joined CBRE Investment Management in 2010, has
excelled in numerous positions within the business. In particular,
since becoming President in January 2022, he has done an
outstanding job in helping the business navigate the recent market
downturn and positioned it to deliver continued strong real assets
solutions for clients. Earlier, Glanzman served as Chief Operating
Officer of CBRE Investment Management.
“Investing in and growing CBRE Investment Management is a core
element of CBRE’s strategy. Adam and Andy are exceptional leaders
with highly complementary skill sets that position them to seize
the significant opportunities available to CBRE Investment
Management and our clients,” said Sulentic.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500
company headquartered in Dallas, is the world’s largest commercial
real estate services and investment firm (based on 2023 revenue).
The company has more than 130,000 employees (including Turner &
Townsend employees) serving clients in more than 100 countries.
CBRE serves a diverse range of clients with an integrated suite of
services, including facilities, transaction and project management;
property management; investment management; appraisal and
valuation; property leasing; strategic consulting; property sales;
mortgage services and development services. Please visit our
website at www.cbre.com. We routinely post important
information on our website, including corporate and investor
presentations and financial information. We intend to use our
website as a means of disclosing material, non-public information
and for complying with our disclosure obligations under Regulation
FD. Such disclosures will be included in the Investor Relations
section of our website at https://ir.cbre.com. Accordingly,
investors should monitor such portion of our website, in addition
to following our press releases, Securities and Exchange Commission
filings and public conference calls and webcasts.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241205886891/en/
For further information: Steve Iaco CBRE – Media +1 212 984 6535
Steven.Iaco@cbre.com
Chandni Luthra CBRE – Investors +1 212 984 8113
Chandni.Luthra@cbre.com
CBRE (NYSE:CBRE)
Historical Stock Chart
From Jan 2025 to Feb 2025
CBRE (NYSE:CBRE)
Historical Stock Chart
From Feb 2024 to Feb 2025