F&C Reit Asset Management is poised to buy the £600 mln (EUR 725 mln) Dawnay Day property empire out of administration, according to a report in the Financial Times. The deal will mark the first deal for F&C’s recently formed property business F&C Reit Asset Management.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
