Schroders is buying Germany's property manager Aareal Asset Management (AAM) from its sole owner Aareal Bank. Under the terms of the agreement, Schroders will pay EUR 28.mln, including EUR 6 mln of net tangible assets in cash, on completion of the acquisition of 99.75% of the share capital in AAM.
International developer and asset holder Trei Real Estate has concluded 2024 with the opening of its 41st Vendo Park in Poland.
