Schroders acquires $1.3bn European real estate boutique Blue Asset Management

(Opalesque) 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.

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