Transactions - JULY 1, 2020

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Schroders to take majority stake in $1.1b real estate investor Pamfleet

by Andrea Zander

Schroders has reached an agreement to acquire a majority stake in Pamfleet, a value-add real estate investment manager with offices in Hong Kong, Shanghai and Singapore.

Pamfleet currently has $1.1 billion of assets under management across four funds, the most recent of which closed last year at $450 million.

Following completion, the entire Pamfleet team of 19 professionals will remain with the organization, which will be renamed Schroder Pamfleet.

The acquisition reinforces Schroders’ private assets and real estate capabilities, building on the recent purchases of Blue Asset Management, the value-add real estate specialist in Munich, and Algonquin, the pan-European value-add Real Estate Hotels team.

It also brings significant additional industry expertise and geographical reach into some of the largest and fastest growing Asian real estate markets, which are attractive to Schroders’ global clientele.

There will be no changes to the management

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