CBRE Investment Management (Asia Pacific)

It is the Asia Pacific investment management subsidiary of the CBRE Group, the publicly traded real estate services and investment firm. The platform operates as a regulated investment manager with fiduciary duties to its fund investors, maintaining independence from the parent's brokerage and advisory businesses. Deal sourcing benefits from CBRE Group's local market presence across the region, though investment decisions are made by the dedicated CIO-led team in Singapore.

The firm manages capital across core, core-plus, value-add, and opportunistic strategies covering direct real estate, infrastructure, and private credit. Its real estate focus spans logistics, office, residential, and retail sectors. Fund structures include closed-end commingled vehicles, perpetual-life funds, and separately managed accounts tailored to sovereign wealth and pension fund mandates.

Chinmay Kulkarni serves as Chief Investment Officer for Asia Pacific, a role he assumed in 2023. He leads the regional investment committee and oversees asset selection, portfolio construction, and strategic direction for all Asia Pacific mandates. The committee includes senior directors covering individual country markets and sector heads for logistics, office, and living strategies.

CBRE Investment Management invests directly in real estate and infrastructure assets, using its own acquisition and asset management teams in each target market. It does not operate as a fund-of-funds allocator in the region. The firm will co-invest alongside institutional partners, including sovereign wealth funds, when deal scale or risk-sharing warrants shared ownership structures.

The platform targets high-barrier-to-entry cities in Japan, Australia, China, Singapore, and South Korea, with selective exposure to other Southeast Asian markets. Japan has been a particular focus for logistics and multifamily acquisitions. The firm underwrites deals in each country using in-country teams rather than relying solely on regional headquarters oversight.