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CBRE IM buys €4.3 bn logistics portfolio from US firm Hillwood

CBRE Investment Management is acquiring a 28.4-million sq ft (2.6 million sq m) portfolio of state-of-the-art logistics properties in the US and Europe valued at approximately $4.9 billion (€4.3 billion) from Hillwood Investment Properties.

The portfolio includes 33 assets in the US, totalling 19.2 million sq ft, and 24 assets across Germany, Poland and the United Kingdom, totalling 9.2 million sq ft.

“This milestone transaction reflects our ability to leverage the strong financial capacity of our parent company to secure compelling opportunities that help to drive strategic real assets solutions for our clients,” said Chuck Leitner, CEO of CBRE Investment Management.

CBRE Investment Management formed a global sector-specific team in June 2021 to enhance and better align its global logistics expertise.

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