UK’s Schroders to acquire $1.1b Asian real estate manager Pamfleet

UK’s Schroders to acquire $1.1b Asian real estate manager Pamfleet

Shanghai, China. Photo: Pen Tsai/unsplash

UK-headquartered asset management company Schroders has signed an agreement to acquire a majority stake in Pamfleet, a $1.1 billion real estate private equity company with offices in Singapore, Shanghai, and Hong Kong, according to an announcement.