Schroders Capital, the private assets arm of Schroders launched last year, has completed its acquisition of Netherlands-based asset management firm Cairn Real Estate.
The real estate specialist firm, which has €1.3bn of assets under management, is the latest purchase from Schroders Capital in its bid to expand its client offering in "a key European growth market". Cairn, which is headquartered in Amsterdam, specialises in logistics, offices and healthcare real estate. Schroders to acquire 75% shareholding in Greencoat Capital Sophie Van Oosterom, global head of real estate at Schroders Capital, said: "We are looking forward to harnessing the full potential of Cairn, leveraging its existing strong real estate presence in the Netherlands and more ...
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