Cbre Group Inc · NYSE:CBRE
Cbre — Investor Day (November 2011)
17 slides from Cbre's investor day presentation, Nov 16, 2011
Slide 1: Global Investment Management
Global Investment Management Matt Khourie Global President, CBRE Global Investors
Slide 2: ING REIM Merger: Before and Today
ING REIM Merger Before Today 24 offices in 13 countries 32 offices in 22 countries Investments in 12 countries Investments in 26 countries $39.1B AUM1 $94.8B AUM2 Approx. 400 employees Approx. 1100 employees Approx. 200 clients Approx. 600 clients 21 direct funds 55 direct funds 36 direct separate a
Slide 3: CBRE Global Investors Today
CBRE Global Investors Today 1. As of December 31, 2010, including affiliate offices. CBRE 438 Offices and 35,000+ Employees1 CBRE Global Investors 32 Offices and 1,100+ Employees AMERICAS Los Angeles (HQ), Seattle, Newport Beach, Atlanta, Washington DC, Philadelphia, Princeton, New York and Boston E
Slide 4: Legacy CBRE Investors EMEA Offices Coverage
Legacy CBRE Investors EMEA Offices Coverage
Slide 5: CBRE Global Investors EMEA New Offices New Coverage
CBRE Global Investors EMEA New Offices New Coverage
Slide 6: Legacy CBRE Investors Asia Pacific Offices Coverage
Legacy CBRE Investors Asia Pacific Offices Coverage
Slide 7: CBRE Global Investors Asia Pacific New Offices New Coverage
CBRE Global Investors Asia Pacific New Offices New Coverage
Slide 8: Overview
$3.2B in equity raised YTD, with $2.6B of dry powder currently available to invest globally1 Approximately $4.3B capital deployed YTD1 18 direct funds actively raising and/or deploying capital Active in core, core plus, value-add and opportunistic investment strategies Direct access to the world’s p
Slide 9: Merger Synergies and Investor Benefits
Merger Synergies and Investor Benefits Greater opportunities for clients to invest capital through multiple structures with a variety of risk/return profiles. Improved ability to migrate global investor capital to targeted regions around the globe. Enhancement of CBRE Investors’ management and execu
Slide 10: Financials
Financials Normalized EBITDA excludes the write-down of impaired investments and cost containment expenses. Includes $26.9 million associated with the consolidation of several properties due to a change in accounting regulations effective January 1, 2010. $ in millions 161.2 228.0 347.9 Revenue Norm
Slide 11: Assets Under Management
Assets Under Management $ in billions 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Q3 2011
Slide 12: Global Investment Programs
Global Investment Programs Description Assets Under Management1 ($ in billions) Typical Fee Structure Separate Accounts $23.8 Management fees Transaction fees Incentive fees Sponsored Funds $40.2 Management fees Transaction fees LP profits Carried interest Unlisted Securities $12.3 Management fees I
Slide 13: Equity Raised 2006-2011
Equity Raised 2006-2011 Includes capital raised by ING REIM Europe and ING REIM Asia $3.2B 1
Slide 14: Acquisition Activity
Acquisition Activity Direct real estate only. Excludes Global Real Estate Securities and Global Multi Manager. CBREI-NA CBREI-EMEA CBREI-Asia 4.1 $ in billions ING REIM-EMEA ING REIM-Asia 5.0 7.0 9.3 3.9 1.3 4.3 0.0 2.0 4.0 6.0 8.0 10.0 2005 2006 2007 2008 2009 2010 2011*
Slide 15: CBRE Global Investors Operating Model
CBRE Global Investors Operating Model Matt Khourie Global President Maurice Voskuilen Global CFO/CAO Pieter Hendrikse CEO, EMEA Richard Price CEO, Asia Pacific Matt Khourie President, Americas Jeremy Plummer CEO, CBRE Global Multi Manager T. Ritson Ferguson CEO, CBRE Clarion Securities Regional Inve
Slide 16: Growth Strategies
Growth Strategies Migrate relationships with ING REIM capital sources throughout our global investment platform Harvest sources of capital from new distribution channels and under-represented geographies Capitalize on market opportunities through programs like our Strategic Partners U.S. fund series
Slide 17: Near-Term Investment Opportunities
Purchase high-quality U.S. operating properties with value-add opportunities at a discount to replacement cost from distressed sellers Optimize buying opportunities in Europe triggered by European bank distress Become most viable source of equity capital for liquidity-constrained residential develop