Dawnay Day Treveria, the AIM-listed investor in German retail property, has severed its links with the Dawnay Day Group which collapsed in the summer. Treveria has dropped Dawnay Day from its name and internalised the asset management by appointing Treveria Asset Management (TAM), a wholly owned subsidiary of Treveria, to replace Dawnay Day Treveria Real Estate Asset Management.
Dawnay Day Treveria, the AIM-listed investor in German retail property, has severed its links with the Dawnay Day Group which collapsed in the summer. Treveria has dropped Dawnay Day from its name and internalised the asset management by appointing Treveria Asset Management (TAM), a wholly owned subsidiary of Treveria, to replace Dawnay Day Treveria Real Estate Asset Management.
Treveria has also replaced Dawnay Day Property Investment with Cushman & Wakefield as exclusive property manager for an initial three years. Treveria has a portfolio of EUR 2.2 bn worth of assets.
Treveria's sister organisation, AIM-listed Sirius Real Estate, cut its ties to Dawnay Day in September. Sirius is a property investment company focused on business parks, offices and industrial complexes across Germany.
