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| C&W acquires leading Japan asset management company Cushman & Wakefield, the world's largest privately held real estate services firm, announced that it has acquired Pacific Investment Corporation, the private fund asset management subsidiary of Japanese real estate fund giant Pacific Holdings Group. With immediate effect the firm will begin operations as Cushman & Wakefield Asset Management KK. Pacific Investment Corporationwas the asset management arm of Pacific Holdings, formerly the second largest investment firm in terms of assets under management in Tokyo, and currently manages approximately US$2 billion of assets totaling 4.73 million sq.ft of office, retail and residential properties. write your comments about the article :: © 2009 Construction News :: home page |