Credit Suisse Group plans to spin off its property business

Credit-Suisse, Basel-Stadt
Photo by yago1.com
According to a report, Credit Suisse Group is planning to give up its property business, DLJ Real Estate Capital Partners, to management.

As per the report, the bank is not disclosing any details, neither about size of fund nor about the sales price of the deal.

Also, the report stated that the total real estate investment arm of Credit Suisse manages around 33.5 billion USD in property assets.

Post a Comment

You must be logged in to post a comment.