Zurich, 31 August 2018
Swiss Life completes acquisition of BEOS
Swiss Life has completed its acquisition of BEOS with effect from 30 August 2018, having obtained the requisite authorisation from the relevant competition authority.
On 25 June 2018, Swiss Life announced the acquisition of BEOS, Germany's leading corporate real estate investment manager, based in Berlin. BEOS was founded in 1997, currently employs around 150 people and has offices in Hamburg, Frankfurt, Cologne, Munich and Stuttgart. At the end of 2017, the company managed real estate to the value of EUR 2.6 billion and generated revenues of around EUR 30 million in 2017. The acquisition was completed with effect from 30 August 2018, after the competition authority had given the requisite authorisation. Swiss Life Asset Managers has strengthened its position as leading European real estate asset manager through this transaction and can target increased access to new institutional clients.
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Further information
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