Schroders Capital agreed to acquire Cairn Real Estate from MPC Münchmeyer Petersen Capital AG (XTRA:MPCK) for approximately €30 million on November 11, 2021. Closing of the transaction is expected for Q1 2022 and is subject to approval by the relevant regulatory authorities and other customary conditions. Proceeds to be used to further accelerate growth in sustainable investment strategies.

Oaklins acted as financial advisor and Vriman as legal advisor to MPC Capital on the transaction. Heleen Kersten, Reinout de Boer, Rogier Raas, and IJsbrand van Straten of Stibbe N.V. acted as legal advisor to Schroders plc parent of Schroders Capital.