CBRE GI raised $1.34bn

CBRE Global Investors raised $1.34 billion from 25 investors and held the final close for its CBRE Strategic Partners US Value 8.

The fund has deployed 59 percent of its capital, amounting to approximately $2 billion, to 17 assets in top and second-tier cities in the US. It is expected to have the total purchasing power of $3.3 billion, including leverage.

The Strategic Partners U.S. series has raised a total of $9.1 billion equity in 11 funds and three co-investment vehicles.