Swiss Life Asset Managers and Gelsenwasser to acquire Infrareal.

Swiss Life Asset Managers, an investment manager, and Gelsenwasser, a German utilities company, agreed to acquire Infrareal, the owner and operator of two growing life science industrial parks in Germany. Financial terms were not disclosed. “Based on the Gelsenwasser Group's existing industrial footprint, our investment in the Infrareal Group represents another step towards growth in this strategic business area and helps strengthen the Group's competitiveness. We are very much looking forward to working together with the management and customers of Infrareal," Henning R. Deters, Gelsenwasser Chief Executive Officer.