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28 May 2012

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MassMutual, Protego set transatlantic property platform

The sale of the UK-based property manager Protego to Cornerstone, a unit of the Massachusetts-based MassMutual insurance group sets up a platform for two-way real estate investment flows, wo senior officers, Iain Reid and Graham Bond, told PIE in an interview. New funds are planned for launch soon. Protego manages real estate worth $2.5bn in the UK and continental Europe.

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