Royal Mail Pension ends 27-year run for real estate manager

By 2010-04-01T16:54:00

UK – LaSalle Investment Management is to take over the management of the Royal Mail Pension Plan’s (RMPP) £1.6bn (€1.8bn) UK real estate portfolio, which has been run by Hermes since 1995 and under its previous incarnation PosTel since 1983.

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