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Next Issue Monday
13 September 2010
Featured Events
- CoreNet Global Summit
27-29 September 2010
London, UK
- Commercial Real Estate Finance Council Europe
25-26 October
London, UK
- MAPIC 2010
17-18-19 November 2010
Cannes, France
CA, SocGen property JV Amundi aims at aggressive growth
Amundi Real Estate, formed by the January merger of property asset management of French banks Crédit Agricole and Société Générale, aims to draw on both networks to double market share in France by 2015, says CEO Nicolas Simon. It is also targeting financial engineering solutions and specialised funds at institutions. Owned 75% by CA and 25% by SocGen, Amundi RE has E5.2bn in property AUM. It brings together CAAM Real Estaate and SGAM REIM, and starts with operations in France, Italy, Japan, Morocco and Luxembourg.