Crédit Lyonnais Asset Management reorganizes its real estate division

Crédit Lyonnais Asset Management (Clam) has regrouped its two daughter compamies, Slegeri and SLG, into one business unit, Crédit Lyonnais Asset Management Immobilier, a 100% daughter company of Clam.

The purpose of this reorganization is 'to optimize the existing operations'. The new company will have a capital of EUR 764 mln, of which EUR 625 mln in real estate.

(source: Crédit Lyonnais Asset Management)

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