CBRE Investment Management is investing in a UK rolling stock leasing company on behalf a client of its private infrastructure division.
The real assets fund manager said it had entered into a binding agreement to acquire a 10% equity stake in Porterbrook, one of the UK’s three major passenger rolling stock leasing companies and the country’s second‑largest owner of passenger rolling stock.
Porterbrook owns and manages approximately 4,300 rail vehicles, representing around 25% of the national fleet. Its portfolio includes a predominantly electric fleet that serves major train operating companies across the UK network.
The firm has been investing in the expansion of its maintenance capabilities, including its Long Marston Rail Innovation Centre, and rail decarbonisation. More than 70% of its fleet is zero-emission, alongside the active development of battery-electric and hydrogen-ready rolling stock.
Kerron Lezama, managing director of private infrastructure at CBRE Investment Management, said: “This investment demonstrates our commitment to high‑quality, essential UK infrastructure with strong contracted cash flows and clear sustainability leadership that underpins long-term economic growth.
“It supports the continued development of the next generation of rail infrastructure in the UK and aligns with our clients’ objectives of delivering long-term resilient returns.”
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