La Fra苍莽补颈蝉别&苍产蝉辫;as increased its ownership of Forum Real Estate Partners to 85%.
Members of the platform鈥檚 management hold the remaining 15%.
Former joint owner Forum Partners will continue to focus on its core business and real estate private equity, as well as the expansion of its global co-investment programme.
The deal comes two years after the joint acquisition of La Fran莽aise Forum Real Estate Partners (LFF REP), and since the two companies joined forces.
The platform will be rebranded as La Fran莽aise Real Estate Partners International.
David Rendall, chief executive, and Jens G枚ttler, managing director, will continue to manage the business and investments together with their current team.
The platform鈥檚 existing London-based team has relocated to La Fran莽aise鈥檚 office in Mayfair.
Patrick Rivi猫re, managing director at La Fran莽aise, said: 鈥淟a Fran莽aise is creating synergies across all business lines. With this European real estate investment platform as an integral part of our business unit, we will be able to offer an ever broader range of investment services and further expand our international footprint.鈥�
Earlier , La Fran莽aise took majority ownership of Forum Securities.
Forum transferred an 80% interest in its wholly owned subsidiary, Forum Securities, which manages private investment accounts for institutions and family offices, to La Fran莽aise.
Infrastructure and commodities, a Sharia-compliant listed real estate investment fund, listed green real estate funds and sector-specific listed real estate funds are all being lined up by the platform, re-branded La Fran莽aise Forum Securities, with Jana Sehnalova, portfolio manager in Singapore, serving as global head and managing director.
La Fran莽aise and Forum Partners bought Cushman & Wakefield Investors, a pan-European fund manager with $1.2bn in assets under management, .
