By Richard Hook2018-07-12T12:47:00
Nomura Real Estate Holdings has acquired a 75% stake in UK-based Lothbury Investment Management Group (LIM) as part of a planned European expansion for the £9.2bn Japanese investment manager.
Under the terms of the agreement, NREHI will acquire a majority interest in LIM, which specialises in managing property portfolios across a range of funds, including its flagship Lothbury Property Trust. The remaining 25% stake will remain held by the LIM management team.
You must be logged in to continue
Try Property Week For Free to finish this article.
Sign up now for the following benefits:
To access this article TRY FOR FREE NOW
Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.
Registered users and subscribers SIGN IN here to continue
Site powered by Webvision Cloud