CBRE acquires majority stake in Caledon Capital Management

Toronto firm manages $7B in assets for institutional clients

TRD LOS ANGELES /
Jun.June 09, 2017 12:30 PM

CBRE acquired a majority interest in Toronto-based investment management company Caledon Capital Management, the commercial real estate firm announced Friday.

Caledon, which manages about $7 billion in assets for its predominantly institutional clients and specializes in private infrastructure and private equity investments, will operate as a separate business unit under CBRE Global Investors.

It will be renamed CBRE Caledon Capital Management.

“Caledon’s market-leading investment solutions are a logical extension to our existing suite of real estate and infrastructure investment solutions,” CBRE Global Investors CEO Ritson Ferguson said in a statement.

The deal is expected to close later this year.


Related Articles

arrow_forward_ios
An illustration of Airbnb's Chief Executive Brian Chesky

Los Angeles No. 1 in country for Airbnb, other short stay rentals

Los Angeles No. 1 in country for Airbnb, other short stay rentals
CBRE CEO Robert E. Sulentic, and Keller Williams Founder Gary Williams with the Lantana property

Keller cries foul: Brokerage sues CBRE over WeWork lease deal

Keller cries foul: Brokerage sues CBRE over WeWork lease deal
Kodo in Koreatown

Just built, just sold: CGI Strategies finds buyer for new Koreatown rental complex

Just built, just sold: CGI Strategies finds buyer for new Koreatown rental complex
Movers & Shakers: JLL hires tenant rep specialist, CBRE brings in new valuation leader

Movers & Shakers: JLL hires tenant rep specialist, CBRE brings in new valuation leader

Movers & Shakers: JLL hires tenant rep specialist, CBRE brings in new valuation leader
Red-hot industrial market plateaued toward end of 2018: report

Red-hot industrial market plateaued toward end of 2018: report

Red-hot industrial market plateaued toward end of 2018: report
Movers & Shakers: Colliers team heads to NAI Capital, Downtown legal vet joins new firm, and more

Movers & Shakers: Colliers team heads to NAI Capital, Downtown legal vet joins new firm, and more

Movers & Shakers: Colliers team heads to NAI Capital, Downtown legal vet joins new firm, and more
City Market seeks partner for $1B project in Fashion District

City Market seeks partner for $1B project in Fashion District

City Market seeks partner for $1B project in Fashion District
LA joint venture picks up buildings in Glendale, Denver, for $59M

LA joint venture picks up buildings in Glendale, Denver, for $59M

LA joint venture picks up buildings in Glendale, Denver, for $59M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...