Monday, March 8, 2010

Sanlam in Isle of Man joint venture

A South African company, Sanlam, has entered into a joint venture to form a new Isle of Man-based European property investment advisory and management company, Exclusive Holdings.

The deal is a partnership with two groups in SA and Salt Properties on the Isle of Man. It brings to four the number of international deals struck by Sanlam International Investment Partners in 18 months. The partnership is line with the Sanlam Group’s aim of expanding its global asset management footprint through direct investment in specialist investment management businesses.

Exclusive would deliver investment advisory and management services in direct property investments — with a focus on commercial property — in the UK, Switzerland and Germany.

http://www.businessday.co.za/News/Companies.aspx

http://www.directinvestment.biz/

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