Baring Houston & Saunders has agreed to buy the property arm of Rothschild Asset Management.
BH&S will acquire three separate portfolios worth £90m in total. The deal will put it in charge of £850m worth of property investments taking it to the top of property managers.
BH&S said it planned to establish a limited partnership that would include its £38m Lionbrook property fund with New Court.
- Financial Times 10/06/97 page 25
