Cohen & Steers Inc. to Open London Office and Appoints Leonard Geiger Director of European Research

Cohen & Steers Inc. to Open London Office and Appoints Leonard Geiger Director of European Research

July 13, 2006

    NEW YORK, July 13 /Xinhua-PRNewswire/ -- Cohen &
Steers, Inc. (NYSE: CNS) announced today that Leonard
Geiger, CFA will join its global real estate securities
team as senior vice president and director of European
research. Mr. Geiger has 14 years investment experience,
most recently at CBRE Global Real Estate Securities as
senior portfolio manager and director, pan-European
property securities. Mr. Geiger has a BA from Middlebury
College, an MA in International Affairs from Columbia
University and an MBA from Columbia Business School. 

    "We are pleased that Leonard has decided to join
our team of 30 investment professionals focused on global
real estate securities," said Robert H. Steers,
co-chief executive officer of Cohen & Steers.  "We
are seeing an acceleration in investor interest in global
real estate securities, and we are committed to allocating
significant resources to this growing market."

    Mr. Geiger will be based in our London office,
scheduled to open in the third quarter of 2006. He will
focus on the United Kingdom and European real estate
securities markets and will work closely with the firm's
global investment team located in New York, Brussels and
Hong Kong. The addition of Mr. Geiger demonstrates Cohen
& Steers' commitment to building the preeminent global
real estate securities investment team in order to
capitalize on the structural change occurring in Europe and
Asia through increased REIT legislation and securitization
of the real estate asset class. 

    Gerios Rovers, portfolio manager and director of Cohen
& Steers' Brussels-based affiliate, Houlihan Rovers,
S.A. said, "We expect to continue to add to our
investment team in Europe as the adoption of REITs in the
U.K., and potentially Germany, drives growth in our
investment universe of public real estate companies."

    About Cohen & Steers.  Cohen & Steers is a
manager of high-income equity portfolios, specializing in
U.S. REITs, international real estate securities, preferred
securities, utilities and large cap value stocks.
Headquartered in New York City, the firm serves individual
and institutional investors through a wide range of
open-end funds, closed-end funds and separate accounts.

    For more information, please contact:

     Joseph Harvey, President
     Cohen & Steers, Inc.
     Tel:  [phone]
     Web:  http://www.cohenandsteers.com 

SOURCE  Cohen & Steers, Inc.