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CBRE Names Co-CEOs for Investment Management Business

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CBRE Group (NYSE:CBRE) has announced the appointment of Adam Gallistel and Andy Glanzman as Co-CEOs of CBRE Investment Management. Gallistel, joining from GIC where he serves as Head of Americas Real Estate and Global Real Estate Credit, will be Co-CEO and Chief Investment Officer, focusing on investment strategy and investor engagement. Glanzman, who has been with CBRE Investment Management since 2010, will serve as Co-CEO and President, overseeing business strategy and operations.

Gallistel will join on April 1, 2025, bringing extensive experience in real assets investment, particularly in next-generation growth sectors like data centers. Glanzman has been credited with helping the business navigate recent market challenges since becoming President in January 2022.

CBRE Group (NYSE:CBRE) ha annunciato la nomina di Adam Gallistel e Andy Glanzman come Co-CEO di CBRE Investment Management. Gallistel, in arrivo da GIC dove ricopre il ruolo di Head of Americas Real Estate e Global Real Estate Credit, sarà Co-CEO e Chief Investment Officer, concentrandosi sulla strategia d'investimento e sul coinvolgimento degli investitori. Glanzman, che lavora con CBRE Investment Management dal 2010, sarà Co-CEO e Presidente, supervisionando la strategia aziendale e le operazioni.

Gallistel si unirà il 1° aprile 2025, portando con sé una vasta esperienza negli investimenti in beni reali, in particolare nei settori in crescita della prossima generazione come i data center. Glanzman è stato accreditato per aver aiutato l'azienda a superare le recenti sfide di mercato da quando è diventato Presidente nel gennaio 2022.

CBRE Group (NYSE:CBRE) ha anunciado el nombramiento de Adam Gallistel y Andy Glanzman como Co-CEOs de CBRE Investment Management. Gallistel, que se une desde GIC donde se desempeña como Jefe de Bienes Raíces de las Américas y Crédito Global de Bienes Raíces, será Co-CEO y Director de Inversiones, enfocándose en la estrategia de inversión y el compromiso con los inversores. Glanzman, quien ha estado en CBRE Investment Management desde 2010, servirá como Co-CEO y Presidente, supervisando la estrategia empresarial y las operaciones.

Gallistel se unirá el 1 de abril de 2025, aportando una amplia experiencia en inversiones de activos reales, especialmente en sectores de crecimiento de próxima generación como los centros de datos. Glanzman ha sido reconocido por ayudar a la empresa a navegar los recientes desafíos del mercado desde que se convirtió en Presidente en enero de 2022.

CBRE Group (NYSE:CBRE)Adam GallistelAndy Glanzman을 CBRE Investment Management의 공동 CEO로 임명하기로 발표했습니다. Gallistel은 GIC에서 아메리카 부동산 및 글로벌 부동산 신용 책임자로 재직 중이며, 공동 CEO이자 최고 투자 책임자를 맡아 투자 전략과 투자자 참여에 집중할 것입니다. Glanzman은 2010년부터 CBRE Investment Management에 근무해 왔으며, 공동 CEO이자 사장으로 사업 전략과 운영을 감독합니다.

Gallistel은 2025년 4월 1일에 합류하며, 데이터 센터와 같은 차세대 성장 분야에서의 실물 자산 투자에 대한 폭넓은 경험을 가져옵니다. Glanzman은 2022년 1월 사장에 취임한 이후 최근 시장의 도전에 대응하는 데 도움을 준 공로를 인정받고 있습니다.

CBRE Group (NYSE:CBRE) a annoncé la nomination de Adam Gallistel et Andy Glanzman en tant que Co-CEOs de CBRE Investment Management. Gallistel, qui rejoint GIC où il occupe le poste de Responsable de l'immobilier en Amérique et du Crédit immobilier global, sera Co-CEO et Directeur des Investissements, en se concentrant sur la stratégie d'investissement et l'engagement des investisseurs. Glanzman, qui travaille avec CBRE Investment Management depuis 2010, sera Co-CEO et Président, supervisant la stratégie commerciale et les opérations.

Gallistel rejoindra le 1er avril 2025, apportant une vaste expérience dans l'investissement en actifs réels, en particulier dans des secteurs de croissance de nouvelle génération tels que les centres de données. Glanzman a été reconnu pour avoir aidé l'entreprise à naviguer des défis récents du marché depuis qu'il est devenu Président en janvier 2022.

CBRE Group (NYSE:CBRE) hat die Ernennung von Adam Gallistel und Andy Glanzman zu Co-CEOs von CBRE Investment Management bekannt gegeben. Gallistel, der von GIC kommt, wo er als Leiter für Immobilien in Amerika und Global Real Estate Credit tätig ist, wird Co-CEO und Chief Investment Officer und sich auf die Anlagepolitik und die Investoreneinbindung konzentrieren. Glanzman, der seit 2010 bei CBRE Investment Management ist, wird als Co-CEO und Präsident fungieren und die Geschäftsstrategie sowie die Betriebsabläufe überwachen.

Gallistel wird am 1. April 2025 beitreten und bringt umfangreiche Erfahrung in der Investition in reale Vermögenswerte mit, insbesondere in zukunftsorientierte Wachstumssektoren wie Rechenzentren. Glanzman wird zugeschrieben, dass er dem Unternehmen geholfen hat, die jüngsten Marktchallenges zu meistern, seit er im Januar 2022 Präsident wurde.

Positive
  • Strategic leadership enhancement with two experienced executives in complementary roles
  • Acquisition of high-profile talent with Gallistel's extensive experience in real estate investment
  • Internal promotion demonstrates strong succession planning with Glanzman's elevation
Negative
  • None.

DALLAS--(BUSINESS WIRE)-- CBRE Group, Inc. (NYSE:CBRE) today announced that Adam Gallistel and Andy Glanzman have been named Co-Chief Executive Officers of CBRE Investment Management.

Gallistel will serve as Co-Chief Executive Officer and Chief Investment Officer with responsibility for investment strategy and performance and with a strong focus on investor engagement. Glanzman will serve as Co-Chief Executive Officer and President with responsibility for developing and executing the business strategy and overseeing day-to-day operations. Gallistel and Glanzman will co-chair CBRE Investment Management’s Executive Committee and will report to Bob Sulentic, CBRE’s Chair and Chief Executive Officer.

Gallistel will join CBRE Investment Management on April 1, 2025, from Singapore sovereign wealth fund GIC, where he serves as Head of both Americas Real Estate and Global Real Estate Credit. Gallistel joined GIC in 2004 and assumed leadership of its Americas business in 2015. Since then, he has become one of the most prominent real assets investors in the Americas, with a focus on next-generation growth sectors, including data centers and other sectors that sit at the intersection of real estate and infrastructure. Gallistel also serves on GIC Real Estate’s Global Investment Committee, which oversees all real estate investments.

Glanzman, who joined CBRE Investment Management in 2010, has excelled in numerous positions within the business. In particular, since becoming President in January 2022, he has done an outstanding job in helping the business navigate the recent market downturn and positioned it to deliver continued strong real assets solutions for clients. Earlier, Glanzman served as Chief Operating Officer of CBRE Investment Management.

“Investing in and growing CBRE Investment Management is a core element of CBRE’s strategy. Adam and Andy are exceptional leaders with highly complementary skill sets that position them to seize the significant opportunities available to CBRE Investment Management and our clients,” said Sulentic.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 130,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com. We routinely post important information on our website, including corporate and investor presentations and financial information. We intend to use our website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Such disclosures will be included in the Investor Relations section of our website at https://ir.cbre.com. Accordingly, investors should monitor such portion of our website, in addition to following our press releases, Securities and Exchange Commission filings and public conference calls and webcasts.

For further information:

Steve Iaco

CBRE – Media

+1 212 984 6535

Steven.Iaco@cbre.com

Chandni Luthra

CBRE – Investors

+1 212 984 8113

Chandni.Luthra@cbre.com

Source: CBRE Group, Inc.

FAQ

When will Adam Gallistel join CBRE Investment Management as Co-CEO?

Adam Gallistel will join CBRE Investment Management on April 1, 2025.

What are the roles of the new Co-CEOs at CBRE Investment Management?

Adam Gallistel will serve as Co-CEO and Chief Investment Officer focusing on investment strategy, while Andy Glanzman will serve as Co-CEO and President overseeing business strategy and operations.

Where did Adam Gallistel work before joining CBRE?

Adam Gallistel worked at Singapore sovereign wealth fund GIC, where he served as Head of both Americas Real Estate and Global Real Estate Credit.

How long has Andy Glanzman been with CBRE Investment Management?

Andy Glanzman has been with CBRE Investment Management since 2010.

CBRE GROUP, INC.

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