Latest news with #CBREInvestmentManagement
Fibre2Fashion
24-06-2025
- Business
- Fibre2Fashion
US tariffs threaten to more severely hit German export centres: CBREIM
US trade tariffs threaten to more severely affect export gateways in Germany—cities like Hamburg with large seaports that serve as key logistics hubs, according to CBRE Investment Management (CBREIM). These markets were already affected by stalled prime rent growth over the last few quarters. Supply chains will only be affected by a reduction in trade to the United States (currently accounting for 10 per cent of Germany's total exports), but not by the remaining 90 per cent of exports to other markets. US trade tariffs threaten to more severely impact export gateways in Germanyâ€'cities like Hamburg with large seaports that serve as key logistics hubs, according to CBRE Investment Management (CBREIM). Supply chains will only be hit by a reduction in trade to the US, but not by exports to other markets. CBREIM has made an upward revision of 40 basis points to Germany's five-year GDP forecast. Europe makes up around 67 per cent of Germany's exports, with Asia accounting for 16 per cent—both larger than the United States, and, therefore, provide potential upside to any rebalancing in trading partners and supply chains, should that occur in the future, CBREIM said in a note. While port cities like Hamburg and Bremen are more closely linked to global export markets, others such as Berlin and the Ruhr region are less exposed due to strong domestic demand, which is also reflected in the recent strength of prime rent growth in those cities relative to other submarkets, it noted. Berlin's growing and diverse domestic consumer base makes it less dependent on international trade compared to manufacturing-heavy cities and industrial hubs like Stuttgart or Wolfsburg. The Ruhr region has benefitted from strong infrastructure including excellent connectivity via motorways and rail, increasing its strength as a last mile logistics market. CBREIM has made an upward revision of 40 basis points to Germany's five-year gross domestic product (GDP) forecast. Most of this growth is expected to be front-loaded, with strong growth in 2026 before stabilising thereafter. The start of 2025 marked an interesting shift for the German economy as it welcomed a new government, shifted policy gears with reforms to the historic debt brake and brought in expansionary fiscal policy. The new German government's expansionary fiscal policy, promising to invest significantly in infrastructure and climate protection, should also help to revive and rebalance its growth prospects in the medium term, CBREIM remarked. Its risk analysis showed that the greatest risks from US tariffs affected specific sectors rather than the economy as a whole. Industries like automobiles and pharmaceuticals will experience greater risk due to their dependency on US exports, as opposed to other sectors. The United States is just one of Germany's trading partners. Germany's exports to both Europe and Asia are higher than to the United States and potential exists for the trading ties to these higher share regions to expand. In the new geopolitical environment, Germany is expected to perform well given the changes in government fiscal policy, growing trading partner optionality and submarket strengths, CBREIM added. Fibre2Fashion News Desk (DS)
The Herald Scotland
04-06-2025
- Business
- The Herald Scotland
Scotland's capital must protect it prime office stock
Protecting Edinburgh's office space The nature of work has evolved since the pandemic with hybrid and flexible working becoming more prevalent. Rather than diminish the need for office accommodation, for many occupiers these new ways of working have reinforced the need for a high-quality office environment to compliment hybrid working arrangements. Companies are now looking for well located, well-designed office space that fosters collaboration and innovation. Edinburgh's central business district (CBD) has long provided this, particularly in key locations such as St Andrew Square, Exchange District and the West End. Yet Edinburgh's office market remains constrained with a worrying shortage of prime Grade A space, which is subsequently impacting business expansion and relocation decisions. With a lack of new development, the case for refurbishment is strong with almost 40% of take-up in 2024 for refurbished office stock. One example is Ardstone Capital's refurbishment of 24 St Andrew Square, on behalf of CBRE Investment Management and the Ardstone Regional Office Fund, which was 60% pre-let at practical completion demonstrating the continued strength of demand for this type of high quality space. Significant competition Despite this, and even against a backdrop of positive sentiment, office developers in Edinburgh face a significant challenge. Essentially, they are struggling to compete when it comes to acquiring vacant offices to either refurbish or redevelop. Over the past 18 months, more than 220,000 square feet of prime office pipeline has been taken out of the market, all of which was sold for hotel conversion. While this demonstrates the significant appetite from hotel operators and enhances the city's tourism appeal, it also raises considerations about maintaining sufficient prime office stock to support a dynamic economic centre. Especially as recent sales were not for tertiary-located offices, but prime sites that, if developed, would command top-level rents. Savills sale of Edinburgh One, located on Morrison Street in the heart of the Exchange District, is a good example. It attracted strong interest from both office and hotel developers but ultimately sold unconditionally for hotel conversion. Other instances include Capital House, 28 St Andrew Square, and 9-10 St Andrew Square. These are all prime locations that cannot be easily replicated, meaning businesses may need to start looking elsewhere. Ultimately, this highlights the importance of creating a planning framework that supports a well-balanced approach to development. A Vision for the Future At present, there is currently no specific planning policy preventing the conversion of office buildings. Although the National Planning Framework 4 (NPF4) assumes the retention of office buildings and encourages alternative uses where office space is deemed unfit for purpose, there is no explicit protection of prime space. Introducing measures to safeguard strategically important office locations could help maintain a thriving business environment alongside the city's growing visitor economy. By fostering collaboration between local authorities, planners, developers and investors, Edinburgh can continue to evolve in a more balanced way that supports both tourism and business needs. Additionally, if exit yields tighten for office developers, this will make them more competitive when bidding for properties. After all, the issue isn't a lack of appetite, as evidenced by the aforementioned sale of Edinburgh One. Now, therefore, is the time for measures to be put in place to ensure Edinburgh remains a vibrant place to work, visit and invest. Mike Irvine is a director in the Edinburgh office agency team at Eilidh Levein and a surveyor in the Edinburgh investment team at Savills
Cision Canada
23-05-2025
- Business
- Cision Canada
CRR Extends Reach into the Clearwater with Strategic Roadway Acquisition
CALGARY, AB, May 23, 2025 /CNW/ - Canadian Resource Roadways (CRR), a leader in resource infrastructure ownership and operations, is pleased to announce it has concluded a definitive agreement to acquire a 24 km section of the East Exit Road, together with ancillary existing roadways in Alberta's Clearwater region. The transaction, involving Sequoia Resources Corp. (by and through its trustee in bankruptcy PricewaterhouseCoopers Inc. through a court approved sale) and certain other vendors, marks another milestone in CRR's growth and geographic expansion. The transaction is expected to close by the end of May. The Clearwater region is one of Alberta's most active and strategically important resource plays. With the acquisition, CRR assumes ownership and operation of critical infrastructure that underpins ongoing and future development in the area. "Our entry into the Clearwater is a natural next step for CRR," said Mark Tysowski, President & Founder of CRR. "This acquisition grows our presence in an active region and aligns with our strategy to acquire, operate, and optimize infrastructure that's essential to our partners." Supported by its financial sponsor, CBRE Investment Management, CRR continues to identify and execute on high-value opportunities across Alberta and beyond. The Clearwater deal demonstrates the company's momentum — and its ability to work alongside top-tier producers to unlock value through roadway infrastructure. "We're just getting started in the Clearwater," said Stacey Clark, Chief Operations and Finance Officer at CRR. "This region represents the kind of long-term growth and partnership potential we're built for. We're proud to support our clients with the roads and infrastructure they need to operate safely, efficiently, and sustainably." RBC Capital Markets acted as CRR's financial advisor on the transaction. About Canadian Resource Roadways (CRR) CRR is an infrastructure business focused on owning and operating industrial access roads in Canada's resource sectors. By partnering with CRR, resource companies can monetize non-core road assets, redeploy capital into core operations and benefit from CRR's leading road maintenance and administration capabilities. Headquartered in Calgary, CRR is jointly owned by funds managed by CBRE Investment Management, directors and management. More information on CRR can be found at About CBRE Investment Management CBRE Investment Management is a leading global real assets investment management firm with $149.1 billion in assets under management* as of March 31, 2025, operating in 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive. CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world's largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE's data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit *Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management's presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings. For further information please contact: For CRR: Mark Tysowski President Canadian Resource Roadways LP 1100, Sixth Avenue SW | Calgary AB | T3P 0S8 C: (403) 919-2454 [email protected] For CBRE IM: Josh Stoffregen-Foye Head of Media Relations CBRE Investment Management 200 Park Avenue | Suite 2001 | NY, NY 10166 C: (347) 882-0148 [email protected] | LinkedIn
Yahoo
23-05-2025
- Business
- Yahoo
CRR Extends Reach into the Clearwater with Strategic Roadway Acquisition
CALGARY, AB, May 23, 2025 /CNW/ - Canadian Resource Roadways (CRR), a leader in resource infrastructure ownership and operations, is pleased to announce it has concluded a definitive agreement to acquire a 24 km section of the East Exit Road, together with ancillary existing roadways in Alberta's Clearwater region. The transaction, involving Sequoia Resources Corp. (by and through its trustee in bankruptcy PricewaterhouseCoopers Inc. through a court approved sale) and certain other vendors, marks another milestone in CRR's growth and geographic expansion. The transaction is expected to close by the end of May. The Clearwater region is one of Alberta's most active and strategically important resource plays. With the acquisition, CRR assumes ownership and operation of critical infrastructure that underpins ongoing and future development in the area. "Our entry into the Clearwater is a natural next step for CRR," said Mark Tysowski, President & Founder of CRR. "This acquisition grows our presence in an active region and aligns with our strategy to acquire, operate, and optimize infrastructure that's essential to our partners." Supported by its financial sponsor, CBRE Investment Management, CRR continues to identify and execute on high-value opportunities across Alberta and beyond. The Clearwater deal demonstrates the company's momentum — and its ability to work alongside top-tier producers to unlock value through roadway infrastructure. "We're just getting started in the Clearwater," said Stacey Clark, Chief Operations and Finance Officer at CRR. "This region represents the kind of long-term growth and partnership potential we're built for. We're proud to support our clients with the roads and infrastructure they need to operate safely, efficiently, and sustainably." RBC Capital Markets acted as CRR's financial advisor on the transaction. About Canadian Resource Roadways (CRR) CRR is an infrastructure business focused on owning and operating industrial access roads in Canada's resource sectors. By partnering with CRR, resource companies can monetize non-core road assets, redeploy capital into core operations and benefit from CRR's leading road maintenance and administration capabilities. Headquartered in Calgary, CRR is jointly owned by funds managed by CBRE Investment Management, directors and management. More information on CRR can be found at About CBRE Investment Management CBRE Investment Management is a leading global real assets investment management firm with $149.1 billion in assets under management* as of March 31, 2025, operating in 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive. CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world's largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE's data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit *Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management's presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings. For further information please contact: For CRR: Mark TysowskiPresidentCanadian Resource Roadways LP1100, Sixth Avenue SW | Calgary AB | T3P 0S8C: (403) For CBRE IM: Josh Stoffregen-FoyeHead of Media RelationsCBRE Investment Management200 Park Avenue | Suite 2001 | NY, NY 10166C: (347) | LinkedIn SOURCE Canadian Resource Roadways LP View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31-03-2025
- Business
- Yahoo
Is Welltower Inc. (WELL) the Best Real Estate Stock to Buy According to Billionaires?
We recently published a list of . In this article, we are going to take a look at where Welltower Inc. (NYSE:WELL) stands against other best real estate stocks to buy according to billionaires. In 2025, CBRE Investment Management sees the potential for global listed real estate to outperform broad equities and offer a differentiated total return as compared to the private markets. As per the firm, the listed real estate remains in the early days of a new upcycle, one where long-term yields remain range-bound, earnings continue to accelerate, listed capital market access remains abundant, and valuations can aid continued returns. In 2025, the listed real estate is expected to be characterized by accelerating organic earnings based on improved supply/demand throughout various sectors and access to capital supporting potential acquisitions and upside to estimates, among others. CBRE Investment Management believes that a new cycle for listed real estate kicked off in Q4 2023 with the recognition of a pause in the rate hikes. The absence of hikes is expected to be powerful for listed real estate, even though there isn't a strong fall in target rates themselves. Notably, real estate has performed well during periods of range-bound long-term yields. Over 2001-2007, the US 10-year bonds delivered between ~4% – 5%, and listed real estate managed to generate double-digit average returns. The investment firm also added that strong access to capital of listed real estate, versus more constrained private real estate participants, can be maintained moving forward. READ ALSO: and . CBRE Investment Management sees earnings accelerating into 2025 across the real estate sectors. Globally, it expects 5% earnings growth, which is around double that of 2024 levels. Broad-based strength remains visible, with private-pay senior housing continuing to capitalize on powerful demographics and data center growth accelerating with generative AI. Also, the cell towers continue to gradually recover from customer churn, and retail and net leases have been performing, thanks to supply/demand and their prevailing capital costs. The investment firm opines that the total return opportunity for REITs remains compelling. The listed real estate provides a ~4% dividend yield, which remains competitive versus private real estate income. This dividend continues to grow and is based on the conservative payout level. Amidst moderating central bank target rates as well as range-bound long-term yields, the firm believes that listed real estate is expected to prosper. We used the Finviz stock screener and Insider Monkey's exclusive database of billionaire stock holdings to shortlist the companies catering to the broader real estate sector. We also mentioned the hedge fund sentiment around each stock, as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A real estate broker standing in front of an outpatient medical property. Welltower Inc. (NYSE:WELL) is the world's pre-eminent residential wellness and healthcare infrastructure company. Wells Fargo upped the price objective on the company's stock to $158 from $140, keeping an 'Equal Weight' rating. The firm noted that it announced a large portfolio acquisition with Amica, demonstrating the continued opportunities in the senior housing transaction market. Welltower Inc. (NYSE:WELL) highlighted that the communities will join the top echelons of the Welltower portfolio, demonstrated by their location in the most desirable neighbourhoods in all of Canada and their ultra-luxe amenities and finishes. Amidst rapidly growing demand and limited new supply, Welltower Inc. (NYSE:WELL) expects the portfolio to drive outsized revenue and cash flow growth over the upcoming years. The stable Amica assets have showcased strong pricing power with RevPOR growth even surpassing Welltower Inc. (NYSE:WELL)'s overall SHO portfolio over the previous 5 years. Elsewhere, Scotiabank analyst Nicholas Yulico upped the price objective to $166 from $165, keeping an 'Outperform' rating. The analyst opines that the company's C$4.6 billion Amica Senior Lifestyles Canadian portfolio acquisition reflected its ability to get top-notch-quality senior housing portfolios at an attractive discount. Baron Funds, an investment management company, released its Q3 2024 investor letter. Here is what the fund said: 'We initiated a new position in Welltower Inc. (NYSE:WELL), which owns and operates senior housing and medical office buildings in the U.S. and internationally. We believe that operating fundamentals in the senior housing industry will continue to be robust, and Welltower is well positioned to capture both a cyclical and secular inflection in growth during the coming years. If occupancy of the company's units were to return to levels achieved before the pandemic, we believe that senior housing cash flow would grow by more than 50%. In addition, we believe that there is further structural upside opportunity to both occupancy and operating margins by enhancing asset management, employing proprietary data analytics, and introducing initiatives such as amenity-based pricing. We recently met with the entire Welltower executive team in our offices and came away encouraged by the multi-dimensional growth opportunities ahead. Welltower has recruited top senior executives from the multi-family housing market to execute and deploy various initiatives that they believe can drive profitability beyond what other industry participants have achieved. Overall, WELL ranks 10th on our list of best real estate stocks to buy according to billionaires. While we acknowledge the potential of WELL as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued AI stock that is more promising than WELL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
