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Heitman Aligns With Aussie Finance Provider

CHICAGO-The alliance with Challenger Financial Services Group already has its first investment mandate from an existing client for more than $75 million.

By Dana Dubriwny | Updated on October 13, 2006

(To read more on the debt and equity markets, click here.)

CHICAGO-Heitman LLC, a multi-national real estate investment management firm, has created a strategic alliance with Australian financial services firm Challenger Financial Services Group Ltd. Company reps say the alliance will enable both firms to offer global real estate securities capabilities across their client bases.

Maury Tognarelli, Heitman CEO, says the alliance positions Heitman to meet the growing demand for global real estate securities investment products. “Sharing similar investment philosophies and processes, we are confident that the synergy that is the basis for our relationship will produce exceptional risk-adjusted investment results for our clients,” he says.

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