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Schroders acquires €1.2bn real estate business

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Schroders has announced the acquisition of Blue Asset Management (Blue) a German real estate business based in Munich. Established in 2009 by the three founding managing directors Dr Artus Pourroy, Dr Thomas Wiegelmann and Tino Lurtsch, Blue manages €1.2 billion of assets on behalf of its clients across, Germany, Austria…

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