La Française increases stake in global real estate platform

French asset management group La Française has incresead its ownership in the international real estate platform La Française Forum Real Estate Partners (LFF REP) to 85%. Members of the platform’s management hold the remaining 15%.

LFF REP was established in February 2014 after the purchase of property manager Cushman & Wakefield Investors by La Française and real estate investment firm Forum Partners.

The platform is to be re-branded La Française Real Estate Partners International (La Française REP International).

CEO David Rendall and managing director Jens Göttler will continue to manage the platform, which focuses on direct and indirect real investments in Europe and operates from London, Frankfurt as well from Seoul.

It is understood former joint owner Forum Partners will continue to focus on its real estate private equity activities and the expansion of its global co-investment program.

La Française manages over €57bn in assets as of end July 2016.

ABOUT THE AUTHOR
Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

Read more from Adrien Paredes-Vanheule

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