Schroders to acquire Blue Asset Management.

Schroders, a British multinational asset management company, is set to acquire Blue Asset Management, a German real estate boutique. Financial terms were not disclosed. “This acquisition provides us with a strong team of real estate professionals and an additional office in Germany (Munich), which is the largest real estate investment market in continental Europe. The strengthened footprint across Germany, Austria, and Switzerland will complement our existing teams across Europe and our wider global real estate platform. This expanded team will help us support the active management of new investments and existing funds for clients,” Duncan Owen, Schroder Real Estate Global Head.