8-K
CBRE GLOBAL REAL ESTATE INCOME FUND (IGR)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): October 7, 2021
CBRE CLARION GLOBAL REAL ESTATE
INCOME FUND
(Exact Nameof Registrant as Specified in Charter)
| STATE OF DELAWARE | 811-21465 | 13-7398895 |
|---|---|---|
| (State or otherjurisdiction incorporation) | (Commission File Number) | (I.R.S. EmployerIdentification Number) |
201 King of Prussia Road
Suite 600
Radnor,Pennsylvania 19087
(Address of principal executive offices)
(877) 711-4272
(Registrant’s Telephone No.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events
On October 7, 2021, the Registrant issued a press release, attached hereto as Exhibit 99.1, announcing a change in name for the Registrant to “CBRE Global Real Estate Income Fund.”
Item 9.01 Financial Statements and Exhibits
| Exhibit 99.1 | Press Release dated October 7, 2021 |
|---|
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| CBRE CLARION GLOBAL REAL ESTATE<br><br><br>INCOME FUND | ||
|---|---|---|
| Dated: October 7, 2021 | By: | /s/ ROBERT S. TULL III |
| Robert S. Tull III | ||
| Secretary |
4
Press Release dated October 7, 2021
Exhibit 99.1
| Press Release |
|---|
FOR IMMEDIATE RELEASE
Contact:
Analyst and Press Inquiries:
David Leggette
+1 610 995 7349
david.leggette@cbreim.com
Investor Relations:
+1 888 711 4272
www.cbreim.com/igr
CBRE Investment Management
Announces Closed-End Fund Name Change
Philadelphia – October 7, 2021 – CBRE Investment Management Listed Real Assets LLC (formerly CBRE Clarion Securities LLC) today announced a change to the name of the CBRE Clarion Global Real Estate Income Fund (the “Fund”). The Fund’s investment objectives will remain the same, and the Fund will continue to trade on the New York Stock Exchange under its ticker symbol, IGR. The name change and other important details are as follows:
| Prior Fund Name | New Fund Name | CUSIP | Ticker | New Website |
|---|---|---|---|---|
| CBRE Clarion<br><br><br>Global Real Estate<br> <br>Income Fund | CBRE Global Real<br><br><br>Estate Income Fund | 12504G100 (unchanged) | IGR (unchanged) | www.cbreim.com/igr |
The Fund’s Board of Directors approved the name change following the name change for the Fund’s investment adviser, CBRE Investment Management Listed Real Assets LLC, formerly CBRE Clarion Securities LLC (the “Adviser”).
On September 22, 2021, the Adviser changed its name in conjunction with the rebranding of CBRE Global Investors and all sub-brands. The adoption of a single identity as CBRE Investment Management simplifies the brand and further bolsters the business’s ability to deliver real assets solutions by using the combined expertise to drive performance so clients, people and communities thrive.
About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm with $129.1 billion in assets under management* as of June 30, 2021, operating in more than 30 offices and 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people, and communities thrive. CBRE Investment Management Listed Real Assets LLC is a separately registered investment adviser within CBRE Investment Management that specializes in the management of global listed real assets solutions.
CBRE Investment Management Press Release
CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm (based on 2020 revenue). CBRE has more than 100,000 employees serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE’s data and market insights, investment sourcing and other resources for the benefit of its clients. For more information about CBRE Investment Management, please visit www.cbreim.com
*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management’s presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings.