CBRE Group, Inc. has announced the appointment of Adam Gallistel and Andy Glanzman as Co-Chief Executive Officers of CBRE Investment Management. Gallistel will assume the role of Co-Chief Executive Officer and Chief Investment Officer, focusing on investment strategy and performance, with a strong emphasis on investor engagement. Meanwhile, Glanzman will serve as Co-Chief Executive Officer and President, responsible for developing and executing the business strategy and overseeing day-to-day operations. Both will co-chair CBRE Investment Management’s Executive Committee and report to Bob Sulentic, CBRE’s Chair and Chief Executive Officer.
Adam Gallistel, currently the Head of both Americas Real Estate and Global Real Estate Credit at Singapore sovereign wealth fund GIC, will join CBRE Investment Management on April 1, 2025. His tenure at GIC, which began in 2004, has seen him become one of the most prominent real assets investors in the Americas, with a focus on next-generation growth sectors such as data centers and other areas at the intersection of real estate and infrastructure. Gallistel also serves on GIC Real Estate’s Global Investment Committee, overseeing all real estate investments.
Andy Glanzman, who has been with CBRE Investment Management since 2010, has held various positions within the business, including Chief Operating Officer before assuming the role of President in January 2022. He has been credited with steering the business through recent market challenges and positioning it to continue delivering strong real assets solutions for clients.
CBRE Chair and CEO Bob Sulentic expressed confidence in the appointments, stating, “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.”
CBRE Group, Inc. is a Fortune 500 and S&P 500 company and the world’s largest commercial real estate services and investment firm. With more than 130,000 employees serving clients in over 100 countries, the company provides a comprehensive range 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. Following these announcements, the company's shares moved 1.1%, and are now trading at a price of $137.95. Check out the company's full 8-K submission here.
