Voted for by property industry professionals globally, the annual Private Equity Real Estate (PERE) awards highlight which firms have, in the eyes of their peers, delivered the best outcomes across a number of categories. For 2016, Aberdeen’s property team has been awarded the Firm of the Year – UK award.
PERE commented: “The asset manager was on the Brexit frontline following the UK’s vote to leave the European Union…Aberdeen took a slightly different approach to its peers…deciding to gate its funds for just six days as well as, crucially, imposing a withdrawal reduction...the firm responded quickly to free up liquidity.”
Pertti Vanhanen, Global Head of Property at Aberdeen Asset Management said: “We are delighted to have won this prestigious award for the UK Property Firm at Aberdeen. This is recognition for both the approach that the Aberdeen team took and the hard work that went in to providing liquidity, in as effective a manner possible, at a time of stress in the UK property market.”
For further information contact
Aberdeen Asset Management