CBRE Investment Management to acquire 57 logistic assets of Hillwood for $4.9bn.

CBRE Investment Management, a global real assets investment management firm, agreed to acquire 57 logistic assets of Hillwood for $4.9bn. The portfolio includes 33 US assets, totaling 19.2m square feet, and 24 assets across Germany, Poland and the United Kingdom, totaling 9.2m square feet. "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. Backed by a $35bn AUM global logistics platform and a skilled team with deep domain expertise, we are positioned to be one of the world’s leading investors and operators of logistics assets," Chuck Leitner, CBRE Investment Management CEO.