CBRE Investment Management Acquires $1.6B Net-Lease Portfolio
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- 103 stories mentioning CBRE on the wire in the past 90 days. CBRE coverage →
Computed from Real Estate Trail’s own tracked coverage
CBRE Investment Management is placing a big bet on the net-lease business. CBRE Investment Management — the $155 billion global investment arm of CBRE — announced Wednesday that it acquired Tenet Equity ’s $1.6 billio…
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