CBRE names European Head of Investment Banking for Operational Real Estate


Pablo Callejo to lead Real Estate Investment Banking for Operational Real Estate sectors in Continental Europe 

Photo: Pablo Callejo joins CBRE as European Head of Investment Banking for Operational Real Estate
Photo: Pablo Callejo joins CBRE as European Head of Investment Banking for Operational Real Estate

November 15, 2021 -- Pablo Callejo has been appointed Head of Real Estate Investment Banking (REIB) for CBRE's Operational Real Estate (OPRE) business within Continental Europe.

Pablo will continue to lead the Real Estate Investment Banking team in Spain whilst taking on the additional responsibility of building CBRE's expertise and market share across the growing Operational Real Estate sectors, with a focus on Healthcare, Student Housing, Co-Living and Senior Living. He will be working closely with CBRE's REIB and OPRE leads across Continental Europe on Corporate Finance and M&A transactions, including Tariq Hayat, who recently joined from KPMG to lead REIB transactions for OPRE in the UK.

The CBRE REIB team consists of more than 50 people focused on investment banking across the region. Collectively, the team has transacted in excess of €20bn in M&A and raised more than €7bn of equity since 2019 and has recently completed a number of high profile M&A transactions, focused on operational real estate sectors. These include advising Orpea on the on the acquisition of FirstCare group, a care home operator in Ireland; advising Domus Vi Group on the acquisition of Trinity Care, a nursing home operator in Ireland, advising on the sell side of RESA, the leading PBSA company in Continental Europe and advising on the creation of the first Hospital Propco in Spain.

Benjamin Rouah, Head of Real Estate Investment Banking, Continental Europe, CBRE commented:

"We have seen tremendous growth across many operational sectors over the past 18 months, including Healthcare, Student Housing and Co-Living and clients increasingly want access to these assets in scale. Buying the operating platforms and businesses as well as the underlying assets is one way to do this and our expertise in identifying and executing these more complex mandates demonstrates the depth of our Capital Markets expertise and sets us apart from our competitors."

CBRE's Real Estate Investment Banking team is part of CBRE's Capital Advisors business and demonstrates the breadth and depth of CBRE's combined Capital Markets offering. CBRE's Capital Markets teams provide unrivalled investment advice across all sectors and geographies, coupled with a range of specialist real estate finance capabilities including strategic advice, debt, equity raising, corporate capital markets and loan services. 

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world's largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at

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