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20. November 2009     Print Print 

Protego acquired by Cornerstone Real Estate Advisers

Protego Real Estate Investors, Protego Real Estate Investors Finance LLP and their subsidiaries announces that it will be acquired by Cornerstone Real Estate Advisers LLC.

Cornerstone, a wholly owned subsidiary of the Massachusetts Mutual Life Insurance Company, is a real estate investment management company that was established in 1994, and is primarily active in core and value added investment as well as public real estate securities markets. Cornerstone has been active in investing across all property types in the US, including residential, office, hotel, retail and industrial.

The acquisition of Protego provides Cornerstone with a substantial and established European platform with an exceptional institutional client base from the UK as well as Continental Europe. This Protego platform will provide further expansion opportunities in Europe and also a conduit for US capital investing into Europe and likewise for European capital investing into the US.