RREEF and Pirelli Real Estate have signed an agreement with private equity fund Cerberus to purchase German real estate group BauBeCon for €350m (£265m).
The deal will see Pirelli RE acquire 40pc and RREEF – the alternative investment management business of Deutsche Bank – the remaining 60pc of the firm’s real estate portfolio which consists of more...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
