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German asset managers join forces to launch US property boutique

Posted on 14 May 2013

A German asset management boutique and a US property investor, both based in Germany, have launched a joint venture to create a new company targeting institutional and private clients looking to invest in US real estate.
The Feri group, based in Bad Homburg near Frankfurt, and US Treuhand, based in Darmstadt, will form new company UST Immobilien GmbH. US Treuhand manages at present a multi-billion euro portfolio through a third-party firm, Florida-based Estein & Associates USA, that oversees the buying and selling of US properties………………………………………..Full Article: Source


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