London-based Halverton Real Estate Investment Management has exercised an option to take 100% ownership of its German subsidiary from private equity group NAI Apollo Real Estate. 'At the time we established the German business, we selected a short term strategic partner in NAI Apollo. The business has grown rapidly in its first 15 months of operation which is a testimony to the success of that strategy and the partnership with NAI Apollo, which always had a pre-defined duration,' said Alexander Hoff, Halverton' s Head of German Operations.
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