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Hasson takes a break from property

Neil Hasson, head of European real estate for opportunistic US investor DLJ Real Estate Capital Partners, has resigned after five years with the company.

He plans to take a short break from real estate, but will remain in London and will look for new opportunities later in the year.

DLJ has been active in Europe through two global investment funds – Real Estate Capital Partners Fund I and II.

In October, the fund paid £25m for a 20% stake in MWB’s serviced offices arm Business Exchange. It also invested around £6.2m into “assisted living” company Sunrise International.

EGi News 15/01/00

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