{"id":52033,"date":"2016-05-17T00:08:54","date_gmt":"2016-05-16T22:08:54","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/credit-suisse-mandates-caceis-to-administer-its-real-estate-assets-in-germany\/"},"modified":"2016-05-17T00:08:54","modified_gmt":"2016-05-16T22:08:54","slug":"credit-suisse-mandates-caceis-to-administer-its-real-estate-assets-in-germany","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/credit-suisse-mandates-caceis-to-administer-its-real-estate-assets-in-germany\/","title":{"rendered":"Cr\u00e9dit Suisse mandates CACEIS to administer its real estate assets in Germany"},"content":{"rendered":"<p>CACEIS has responded to this trend by extending its fund administration offer and<br \/>\ndelivering the full complement of asset services to clients operating in Germany.<br \/>\nOperations started mid-April 2016.<\/p>\n<p>Frank Sch\u00e4fer, Managing Director of Credit Suisse Asset Management<br \/>\nImmobilien KAG mbH, stated, <em>\u201cThis deal allows us to focus our resources on our core<br \/>\ncompetencies of conception and management of real estate investment products for our<br \/>\ninvestors. The RFP process enabled us to carefully consider all relevant aspects of<br \/>\noutsourcing our fund administration needs to a servicing provider. We are therefore<br \/>\nconvinced that by selecting CACEIS, a leading European fund administrator with proven<br \/>\nreal asset expertise in Germany and elsewhere, we have not only made the best possible<br \/>\nchoice for Credit Suisse Real Estate Investment Management, but also for our investors.\u201d<\/em><\/p>\n<p>Holger Sepp, Member of the Management Board at CACEIS in Germany added, <em>\u201cWe are<br \/>\ndelighted to announce this new relationship. We are confident that our in-depth<br \/>\nexperience of administering real estate assets worldwide will enable us to meet the needs<br \/>\nof Cr\u00e9dit Suisse Real Estate Investment Management now and in the future.\u201d<\/em><\/p>\n<p>Joe Saliba, Deputy Chief Executive Officer of CACEIS Group stated, <em>\u201cA key element in<br \/>\nCACEIS\u2019s servicing strategy is the ability to offer a full range of asset services to clients<br \/>\nwherever in the world they operate. And we are exporting our international fund<br \/>\nadministration experience to German real estate fund managers in response to the<br \/>\ngrowing demand for outsourcing solutions.\u201d <\/em> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following a tender process, Cr\u00e9dit Suisse Real Estate Investment Management Germany<br \/>\nselected CACEIS to administer its German real estate funds. This deal demonstrates the<br \/>\ngrowing trend among German market real estate fund managers for activity outsourcing.<\/p>\n","protected":false},"author":20,"featured_media":52031,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1986,1651,1921,2042],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/52033"}],"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=52033"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/52033\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/52031"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=52033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=52033"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=52033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}