Société Générale has been mandated by Grosvenor, a UK-based global real estate investor with GBP10.2bn billion in assets under management, to provide securities services for the launch of its first French real estate mutual fund (OPCI1). This fund, which will have assets of almost EUR300m, will be managed by Viveris REIM, an institutional real estate portfolio manager with EUR1.7bn AuM.SG's mandate includes trustee services, custody services for financial assets, position-keeping for real estate assets, liability management services, and accounting, administration and valuation services.
