PropertyEU

Universal hires new managing director

By A staff reporter 2011-05-26T00:00:00

Frankfurt-based fund manager Universal-Investment has hired Alexander Tannenbaum of Aberdeen Property Investors (API) as managing director. In this function he will spearhead Universal’s efforts to launch its first institutional property fund by autumn 2011. The company plans to enter the institutional property fund market and is targeting a 15% market ...

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