CBRE ups sustainability game with Climate Technology Fund

CBRE, the world’s largest manager of commercial buildings, has invested in Fifth Wall’s Climate Technology Fund as part of its push to promote sustainability in the commercial real estate space.

The Climate Technology Fund will invest in technologies that will contribute to the “decarbonization of the commercial real estate industry, as well as adjacent sectors, such as energy and manufacturing,” a release said.

CBRE’s investment in the fund will provide insight into and access to early-stage technologies that will enhance the firm’s sustainability solutions for clients and support its own sustainability goals. The commercial real estate giant has supported Fifth Wall’s investment programs since 2016.