Rothschild repositions real estate subsidiaries

In his new position, Pierre Jacquot is to leverage the synergies between the Rothschild real estate companies Orox, Cording and Cleaveland and to promote cooperation with other activities of the asset management and private banking divisions. Rothschild's real estate division manages assets of more than ten billion euros.

Rotschild is also bundling its private equity, real estate and asset management businesses. The aim is to create a holistic offering for all asset classes, the company said in a statement. (ah)