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Sign in Sign up for a FREE subscription€1.2b European real estate boutique Blue Asset Management joins Schroders
London-based global asset manager Schroders has acquired Blue Asset Management (Blue), a German real estate business based in Munich.
Established in 2009, Blue manages €1.2 billion ($1.34 billion) of assets on behalf of its clients across, Germany, Austria and Switzerland.
The Blue portfolio consists of real estate investments across commercial and residential real estate properties. The three founding managing directors and their 17 employees will join Schroder Real Estate.
