Samsung Life acquires 25% stake in Savills IM, commits $1b to investment strategies

Samsung Life acquires 25% stake in Savills IM, commits $1b to investment strategies

London, United Kingdom. Photo: Robert Bye/ Unsplash

South Korea’s largest life insurance provider Samsung Life will acquire an initial stake of 25% in  Savills IM Holdings Ltd (Savills IM), a subsidiary of the real estate services provider Savills Plc, for 63.75 million pounds in cash.