Tamar Capital Management has completed the management buyout of the Western European part of its real estate management business.
The buyout was led by company chief executive Rob Brook and three other directors. They will own the newly formed company.
Offices in London, Paris, Berlin and Dublin make up the firm, which has £600m of assets under management.
Tamar will focus on creating new asset-led joint ventures and winning separate account mandates.
Brook said: “Our core business is focused on seeking value-added or opportunistic returns through highly selective acquisitions and active asset management initiatives, as well as providing strategic and tactical advice for those seeking to realise value from assets that they no longer wish to hold.”
joanna.bourke@estatesgazette.com
