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 than...
Stephen Jones says the broader 'outside' world might be fraught with challenges, but companies are prospering and voicing few concerns. However, caution is warranted
This week's top stories included the 'Buck' name being revived as Conduent sold off the HR consulting business to a private equity investor.
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.