EUROPE - Schroders has bolstered its European property focus after purchasing 99.75% of the share capital of German pan-European asset manager Aareal Asset Management GmBH (AAM), in a deal worth an initial €28m.
AAM has €1.9bn assets under management, managing seven property funds across European markets. The company is headquartered in Wiesbaden with offices in Amsterdam, Milan, Luxembourg, Stockholm and ...
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