CBRE Global Real Estate Securities

About CBRE Global Real Estate Securities

CBRE Global Real Estate Securities (CBRE GRES) provides investors with access to the growing, publicly traded global real estate securities market. The CBRE GRES team has extensive experience in managing global property securities portfolios and is a specialist in real estate securities, research and investing.

CBRE GRES was established in July 2004, with dedicated offices in Baltimore, London, Sydney and Tokyo, and like all CBRE Investors programs, leverages the global platform and knowledge of CB Richard Ellis.

Key personnel

W. Steven Carroll, Senior Managing Director and Co-Chief Investment Officer
Steven serves as Co-Chief Investment Officer of CB Richard Ellis Investors’ Global Securities Team and is responsible for portfolio management of global real estate securities separate accounts and funds. Steven has 16 years of real estate experience.

Prior to joining CBRE Investors, Steven spent nine years with LaSalle Investment Management Securities. During this period he served as LaSalle’s Baltimore-based Global Securities Portfolio Manager and as LaSalle’s European Securities Portfolio Manager in Amsterdam.

Steven's experience includes seven additional years of real estate and financial analysis, five years with Kenneth Leventhal & Company, a national accounting firm, and two years as an asset manager with JCF Partners, a real estate asset management firm located in Maryland.

Steven graduated from the University of California, Los Angeles with a B.A. degree in Economics. He currently serves on the Asia Pacific and North American Index Committees for the EPRA/NAREIT Property Securities Index. He is also a member of NAREIT. Steven is a Certified Public Accountant licensed in the State of California.

Why Advance selected CBRE GRES

CBRE GRES's strategy utilises both top-down global asset management in the various regions, sub-regions and countries, as well as bottom-up stock selection. The strategy benefits from regional specialists with on-the-ground knowledge of local property markets. The process is regimented with a value-based discipline that identifies securities offering secure income and the potential for superior returns.