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Security Profile
- Security Type
- Closed-End Fund
- CUSIP
- 12504G100 (prev. 44982G104 )
- Market Cap
- Mid Cap
- IPO
- 2/24/2004 · $15.00/share
- Previous Name
- CBRE Clarion Real Estate Income Fund
- Parent Company
- ING Groep N.V. (ING)
Fund Description: CBRE Global Real Estate Income Fund, fomerly CBRE Clarion Real Estate Income Fund, formerly the ING Clarion Global Real Estate Income Fund, is an exchange-traded closed-end fund or a closed-end ETF which is officially described as a non-diversified, closed-end management investment company. <p> INVESTMENT OBJECTIVE: The CBRE Global Real Estate Income Fund seeks to provide high current income and its secondary objective is capital appreciation. <p> FUND STRATEGY: The Fund invests from 80% to 100% of its total assets in income-producing real estate securities (including REITs) located mainly in the developed markets of North America, Europe, Australia, and Asia. The Fund can invest up to 25% of its assets in preferred shares of global real estate companies. The Fund’s investments is concentrated in income-producing common equity securities, preferred securities, convertible securities and non-convertible debt securities issued by companies deriving their revenue from the ownership, construction, financing, management and/or sale of commercial, industrial, and/or residential real estate. <p> FUND MANAGEMENT: CBRE Clarion Securities, LLC will serve as investment advisor to the Fund.
Notes: August 25, 2026 -- CBRE Global Real Estate Income Fund (NYSE: IGR) (the “Fund”) announced today that its Board of Trustees approved a 1-for-3 reverse stock split of its common shares. <p> July 1, 2011 -- CB Richard Ellis Group, Inc. (NYSE:CBG) today announced that it has completed the acquisition of ING Clarion Real Estate Securities (CRES) from Netherlands-based ING Group N.V. (ING). CB Richard Ellis’ acquisition of substantially all of ING’s Real Estate Investment Management (REIM) operations in Europe and Asia remains on schedule to close later this year. The total purchase price for the ING CRES and REIM businesses is approximately $940 million. The newly acquired global listed securities business will operate as CBRE Clarion Securities, and will be part of CB Richard Ellis Investors, the Company’s Global Investment Management business segment.
Company Contact
- CEO
- Joseph P. Smith
- CFO
- Jonathan A. Blome
- Headquarters
- 201 King of Prussia Road, Suite 600, Radnor, PA 19087
- Phone
- 888-711-4272 · Toll-Free 888-711-4272
- Investor Relations
- 888-711-4272