CBRE Global Real Estate Income Fund (IGR) Stock
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.
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About CBRE Global Real Estate Income Fund
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 headquartered in US.
CBRE Global Real Estate Income Fund (IGR) stock trades at $4.66 with a market capitalization of $705.52M. The stock is valued at a price-to-earnings (P/E) ratio of -466.00, price-to-book of 1.03, price-to-sales of 24.26. Over the past 52 weeks the stock has ranged between $4.15 and $5.28, and currently trades 11.7% below its 52-week high. It pays a dividend yielding 15.45%.
On profitability, CBRE Global Real Estate Income Fund generates a return on equity (ROE) of -0.18%, return on capital employed of -0.17%, an operating margin of -6.04%, a net profit margin of -4.38%.
Official website: www.cbreclarion.com/ourfunds/Global-Real-Estate-Income-Fund/Pages/default.aspx