Cordea Savills rebrands in Asian expansion

Cordea Savills has acquired SEB Asset Management as part of expansion plans to offer real estate investment funds to private banking clients in Asia. The 21.5 million euro (US$23.6 million) acquisition, which offers about 10 billion euros of real estate assets under management (AUM), will provide Cordea Savills with a large base of institutional funds to grow its business. Cordea…

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