CDC Ixis, the French investment bank, has poached the bulk of the real estate corporate finance arm of DTZ, the international property services company.

Its move coincides with rapid expansion of real estate advisory services by Deutsche Bank and ABN Amro to take advantage of current opportunities.

James Rossiter

Mike Foster

Deutsche Bank

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The hedge-fund founder is asking triple what he paid for the Bali-inspired Manalapan estate in 2017.

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The announcement comes as USS Investment Management said it won’t bid for the property firm.

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CDC steals DTZ real

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