The US initiative is one in every of quite a number at CBRE as the firm looks to generate a further boom in the sector, as a result of multiplied overseas investment and increasingly more methods to finance and tailor deals.
Global belongings funding and management firm CBRE Capital Markets has launched its statistics centres uniqueness practice for investors. It can be headed by using Kristina Metzger, who has been promoted to senior VP to run the operation.
The circulate part of CBRE Capital Markets’ persevered investment in alternative belongings kinds to provide integrated services across three number one strains of commercial enterprise – funding sales, finance and funding banking.
The new statistics centres team adds to speciality practices for low priced housing, aviation, corporate capital markets, healthcare, hotels, gaming, golfing & resorts, plastic housing, net-lease, self-garage, student housing and senior housing.
Metzger has giant expertise and experience in records centre real estate, having represented clients in transactions totalling more than $3bn. Based in San Diego, California, she will be accountable for building an exercise in a developing area this is complementary to CBRE’s Data Center Solutions (DCS) business – which offers management offerings to records centre owners, occupiers and buyers.
“Kristina is a nationally regarded records centre professional with deep patron relationships and is well certified to force our capital markets in this area to the next level,” stated Chris Ludeman, international president for CBRE Capital Markets.
North American statistics centre investment volume totalled more significant than $12bn in 2018, consisting of single-asset, portfolio and entity-degree transactions, in step with recent CBRE research.
Metzger stated: “Demand for facts centre investment has never been more significant as aggressive foreign capital, institutional traders and infrastructure price range have begun concentrating on the asset class. As lots of those groups input the gap, they may be targeting direct investments and also joint ventures, recapitalisations and the outright buy of statistics centre running groups.
“There have never been extra innovative solutions to capitalise facts centre transactions than there are these days.”
Since 2009, Metzger has been at CBRE Data Center Solutions. She was considered one of CBRE’s pinnacle statistics middle tenant advisors, having represented AT&T, American Express, Boeing, Broadcom and DirecTV, among others, in aggregate statistics centre transactions.
The appointment follows the merchandising of Christopher Fudacz to guide a data centre strong point practice for CBRE’s Valuation and Advisory Services (VAS). Based in Chicago, Fudacz will coordinate a crew of professionals throughout the USA to expand and enlarge the platform nationally.