Proactive Investors - Run By Investors For Investors

Invista REIT to buy Babcock & Brown Asia fund management operations

Invista REIT to buy Babcock & Brown Asia fund management operations

Invista Real Estate Investment Management PLC said it it is establishing a fund management platform in Hong Kong and Singapore and has conditionally agreed to acquire the Asian fund management platform of Babcock & Brown Ltd.

The acquisition will provide Invista with new offices in Hong Kong and Singapore together with a small team of experienced fund managers and access to their institutional client investors.

The Asian fund management platform currently manages one fund, the Asian Big Orange Self Storage Fund, which is being acquired by the Invista International Fund.

The Invista International Fund is buying the Big Orange Self Storage Fund for £12.95 million cash. Further financial details were not disclosed.

Register here to be notified of future INRE Company articles
View full INRE profile

Invista Timeline

Related Articles

August 05 2015
Niche lender S & U revealed its motor finance arm continues to trade at record levels...
October 05 2015
Teathers has created with its mobile app a way of participating in share placings and initial public offerings on the same terms as the institutions.

© Proactive Investors 2015

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.