Brief: AXA Will Acquire From Quadrant Televentures A Real Estate Debt Team , $9bn in loans
Nov 7 (Reuters) - Quadrant Televentures Ltd QUAD.BO :
* AXA WILL ACQUIRE FROM QUADRANT A REAL ESTATE DEBT TEAM AND
ASSUME MANAGEMENT OF $9.4 BILLION IN U.S. COMMERCIAL MORTGAGE
LOANS
* TRANSACTION, WHICH IS UNDER CONTRACT AND IS PENDING
REGULATORY
APPROVAL, WILL FIRMLY POSITION AXA IM - REAL ASSETS AS A GLOBAL
LEADER IN COMMERCIAL REAL ESTATE DEBT
Source text for Eikon: ID:
Further company coverage: QUAD.BO
(Reporting by Lawrence White)
((lawrence.white@thomsonreuters.com;))
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