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CBRE IM Appoints UK Sustainability Lead

Global real assets investment management firm CBRE Investment Management (IM) has selected George Crone as Sustainability Lead for UK direct investments. Joining from CBRE Advisory, which provides investment advisory services in commercial and residential real estate, lending and indirect markets, Crone will support asset and portfolio managers across the UK in accelerating the delivery of the firm’s ‘Sustainability Vision’ and ‘Zero Emissions Building Roadmap’. “With investor pressure on returns and the delivery of sustainability – particularly zero emission buildings – now is a challenging but exciting time to join the investment management business,” said Crone. He has consulted on CBRE IM portfolios since 2018 and will now report to Robbie Epsom, EMEA Head of Sustainability. “Our focus on sustainability is fundamental to mitigating risk, creating value, maximising long-term investment returns and helping to preserve our planet for future generations,” said Epsom. “We are thrilled that George has joined the investment management team, where, using his extensive knowledge of our portfolio and occupiers, he will help accelerate our ambition to deliver net zero carbon performance and physical resilience across our assets.” CBRE IM has US$148.3 billion in assets under management, as of 30 September.

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