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Alternative Market Briefing

Schroders acquires $1.3bn European real estate boutique Blue Asset Management
Wednesday, May 29, 2019

Laxman Pai, Opalesque Asia:

Global investment manager Schroders Schroders has bolstered its real estate capabilities with the acquisition of a boutique property investment manager in Germany.

The acquisition of the €1.2bn ($1.3bn) Munich-based boutique manager, which invests in commercial and residential real estate, boosts Schroder Real Estate, Schroders' €17bn real estate assets capability, said a press release from Schroders, the UK-listed asset manager.

Munich-headquartered Blue Asset Management oversees assets on behalf of clients across Germany, Austria and Switzerland.

Blue founders Artus Pourroy, Thomas Wiegelmann and......................

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