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Deutsche AM completes transfer of €1b global real estate portfolio
Transactions - JANUARY 16, 2018

Deutsche AM completes transfer of €1b global real estate portfolio

by Released

Deutsche Asset Management has completed the management transfer to its real estate investment business, of a €1 billion ($tk billion) global property portfolio managed on behalf of its German institutional client Bayerische Ärzteversorgung (BAV).

BAV is the pension fund for doctors in Bavaria and one of the largest institutions that make up Bayerische Versorgungskammer (BVK), the Bavarian umbrella pension scheme for self-employed professionals, and long-standing client of Deutsche AM.

The portfolio consists of 16 properties in 10 countries across Europe, including England, Scotland, France, Italy, the Netherlands, Sweden and Finland, as well as the United States. Deutsche AM will provide investment management and transaction services on the portfolio.

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