Schroders to acquire Cairn Real Estate.

Schroders, a British multinational asset management company, agreed to acquire Cairn Real Estate, a real estate fund and asset management business based in the Netherlands. Financial terms were not disclosed. “This new partnership is an excellent fit with our existing business. There is a strong cultural alignment with Cairn, sharing Schroders Capital’s key focus on operational excellence, delivering long term sustainable outperformance for clients with a fully integrated approach to ESG into its investment process. Cairn’s team has an excellent reputation with its clients and we are excited to welcome Cairn’s team and our new clients on board," Sophie Van Oosterom, Schroders Global Head of Real Estate.