Mondial awards mandate to CACEIS 20 September 2013Munich Reporter: Jenna Jones
Image: Shutterstock
Germany-based investment company, Mondial Kapitalanlagegesellschaft mbH, has selected CACEIS to perform the depository function for its real estate special funds.
Mondial’s funds include investments in commercial estates such as for local suppliers, logistics or student hostels.
“CACEIS is the perfect match for our business, especially regarding the bank’s expertise in the field of real estate,” said Cornelius Hell, managing director at Mondial KAG mbH.
“We especially appreciate CACEIS’s diverse range of services and its client-orientated approach.”
Holger Sepp, co-head and member of the management board of CACEIS in Germany, said: “We are delighted that Mondial has seen the value in our real estate expertise and now we are looking forward to building a strong business partnership.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 