Cases & Deals

CBRE Investment Management closes CBRE Real Estate Partners 2 at $1.6 billion

Client(s) CBRE Group, Inc.

Jones Day represented CBRE Investment Management (CBRE IM) in connection with the final close of CBRE Real Estate Partners 2 SCSp (REP2) and related subscription credit facility. REP2 raised $1.62 billion in capital commitments, surpassing its original $1.25 billion target and secured additional co-investment capital, bringing the overall investment capacity to over $2.25 billion. REP2 is the latest in CBRE IM’s fund series focused on global real estate secondaries and one of the 10 largest funds ever raised in the strategy. As of January 2026, approximately 40 percent of the Fund’s capital has been deployed across six transactions, of which five are in the GP-led space, while the sixth was LP-driven – Jones Day has advised CBRE IM on all of these transactions.