The appointment of AEW as Home REIT’s new investment manager has been described as "a chance to move forward", but analysts and investors have argued the lack of clarity over its longer-term strategy is still clouding its future.
Two months after the trust's board confirmed it was opening a process to find a replacement for Alvarium, AEW, the £74.6bn real estate asset management platform of Natixis IM and manager of the £160m AEW UK REIT, has emerged as the winner. As property adviser, investment manager and alternative investment fund manager, AEW's "immediate priorities" will include undertaking a "thorough review" of the trust's assets to help inform a "longer-term strategy for the portfolio" and preparing for the "potential sale of a limited number of properties". Home REIT appoints new investment manager ...
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