Savills has selected CACEIS as the depositary for 6 real estate funds in Germany with a
\ntotal volume of \u20ac4.1 billion. This decision is the result of a bidding process involving
\nseveral German depositaries. It is expected that the migration will be completed by the
\nend of 2015.<\/p>\n
Savills Fund Management in Germany, belonging to the international real estate manager
\nSavills Investment Management, recently assumed the asset management function
\npreviously performed by SEB Investment GmbH, and has appointed CACEIS in Germany
\nas the depositary services provider. <\/p>\n
“CACEIS already provides depositary services for a Holger Sepp, board member of CACEIS in Germany, commented on Savills decision: “We Savills has selected CACEIS as the depositary for 6 real estate funds in Germany with a total volume of \u20ac4.1 billion. This decision is the result of a bidding process involving several German depositaries. It is expected that the migration will be completed by the end of 2015.<\/p>\n","protected":false},"author":20,"featured_media":47447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1986,1921],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/47449"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=47449"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/47449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/47447"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=47449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=47449"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=47449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nrange of investment funds in our portfolio and we are very satisfied with the value and
\nquality of their services as well as their expertise in the real estate field. For these
\nreasons, we have selected CACEIS as the depositary for the entire fund portfolio”<\/em>,
\nexplains Richard James, CFO of Savills Investment Management.<\/p>\n
\nare delighted that Savills has again shown their confidence in CACEIS, and we believe it
\nwill enable us to significantly strengthen our business relationship. CACEIS is the largest
\nthird-party depositary for real estate and property funds in Germany and this new mandate
\nfurther consolidates our strong position in the real estate sector.”
\n<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"