CBRE acquires majority stake in Caledon Capital Management

Toronto firm manages $7B in assets for institutional clients

June 10, 2017 09:00 AM

Ritson Ferguson

From TRD Los Angeles: 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 Article


WATCH: Mary Ann Tighe on rebuilding Lower Manhattan after 9/11

Have no fear? Debt brokers say Deutsche Bank quelled concerns about real estate lending

These real estate heavyweights know which real estate players will go extinct

From left: Kyle Jones of Stiles Corp., Mark Corlew of Grover Corlew, Christian Lee of CBRE, Rod Loschiavo of Colliers International South Florida, and Greg Martin of Avison Young

South Florida office market has upside potential for developers, investors: panel