CBRE Clarion Global Real Estate Income Fund Appoints Leslie E. Greis as an Independent Trustee Effective January 1, 2019
December 20, 2018 at 04:52 pm
Share
The Board of Trustees of the CBRE Clarion Global Real Estate Income Fund announced that Leslie E. Greis has been appointed to the Board and will join as an independent Trustee effective January 1, 2019. Ms. Greis is the founder and Managing Member of Perennial Capital Advisors, LLC. She currently is a member of the Board of Directors and Executive Committee of Associated Industries of Massachusetts. She also serves as a director of AIM Mutual Inc., a workers’ compensation insurance company, and chairs their Investment Committee. In addition, she is a Trustee of the Museum of Science where she chairs their Investment Committee. Ms. Greis is a long-time member of the National Association of Corporate Directors and earned the organization’s “Governance Fellow” designation.
CBRE Global Real Estate Income Fund (the Trust) is a diversified, closed-end management investment company. The Trustâs primary objective is high current income, and its secondary objective is capital appreciation. It invests globally with an emphasis on the income-producing common equity and preferred stocks of real estate companies. It can invest up to 25% of its assets in preferred shares of global real estate companies. The Trust invests in Real Estate Equity Securities where dividend distributions are subject to withholding taxes as determined by United States tax treaties with respective individual foreign countries. The Trust may invest up to 20% of its total assets in preferred securities that are rated below investment grade. Its portfolio of investments includes residential, industrial, data centers, malls, health care, office, towers, shopping centers, hotels, and self-storage. CBRE Investment Management Listed Real Assets LLC is the investment adviser of the Trust.
CBRE GLOBAL REAL ESTATE INCOME FUND 