PropertyEU

Hypo RE sells asset management unit to Sal. Oppenheim

By A staff reporter 2008-09-08T00:00:00

Hypo Real Estate Group has sold its asset management subsidiary Collineo Asset Management to family-owned bank group Sal. Oppenheim. The transaction is still subject to several closing conditions including regulatory approvals. Hypo expects the deal to be completed by the end of the year or early first quarter 2009. The ...

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