CBRE Group has completed the acquisition of ING Group’s real estate investment management (ING REIM) operations in Europe. The ING REIM operations in Europe, including the ING Real Estate Select global fund of funds business, are being merged with CBRE Group’s existing real estate investment management business, and the combined entity (including the ING REIM Asia operations acquired on October 3, 2011) will operate as CBRE Global Investors, headquartered in Los Angeles.
CBRE Global Investors now has more than 1,100 employees in 21 countries, serves over 600 institutional clients worldwide, and offers real estate investment programs positioned along the risk/return spectrum.