Rush of M&A deals is a ‘warning sign’ about state of the market

Handshake

The rush of M&A deals among real estate fund managers is a “warning sign” about the state of the market, according to a senior investment consultant.

Last week, Lothbury Investment Management joined a growing band of UK-based managers including Rockspring, Mayfair Capital, Internos and Tristan Capital that have either sold their businesses entirely or sold significant stakes over the past 18 months.

Japan’s Nomura Real Estate Holdings acquired a 75% stake in Lothbury, which has about £2.1bn in assets under management.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now