CBRE Global Real Estate Income Fund (IGR)
CBRE Global Real Estate Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Radnor, PA, US. The stock last traded at $4.68, up 0.86% on the session, giving a market capitalisation of $708.6M. On trailing twelve-month figures it carries a trailing P/E of -468.00, a net margin of -4.4%. Its beta of 1.34 implies it has historically moved more than the broad market.
The CBRE Clarion Global Real Estate Income Fund strategically allocates capital to a diverse array of real estate sectors. These investments span commercial properties like offices and retail, residential assets such as apartments, industrial sites, hospitality venues, healthcare facilities, and storage solutions, alongside other diversified real estate types. The fund's mandate involves acquiring publicly traded equities within the mature markets of North America, Europe, Australia, and Asia. It specifically targets shares of companies operating within the broader real estate industry, including Real Estate Investment Trusts (REITs), without restriction on market capitalization. The construction of its portfolio is guided by a rigorous fundamental analysis framework, supported by proprietary in-house research to inform all investment choices.
CBRE Global Real Estate Income Fund is most often compared with the following Financial Services names: