Swiss Life has completed its acquisition of BEOS with effect from 30 August 2018, having obtained the requisite authorisation from the relevant competition authority.
On 25 June 2018, Swiss Life announced the acquisition of BEOS, Germany's leading corporate real estate investment manager, based in Berlin. BEOS was founded in 1997, currently employs around 150 people and has offices in Hamburg, Frankfurt, Cologne, Munich and Stuttgart. At the end of 2017, the company managed real estate to the value of EUR 2.6 billion and generated revenues of around EUR 30 million in 2017. The acquisition was completed with effect from 30 August 2018, after the competition authority had given the requisite authorisation. Swiss Life Asset Managers has strengthened its position as leading European real estate asset manager through this transaction and can target increased access to new institutional clients.
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The Swiss Life Group is one of Europe's leading comprehensive life and pensions and financial solutions providers. In its core markets of Switzerland, France and Germany, Swiss Life offers individuals and corporations comprehensive and individual advice plus a broad range of own and partner products through its sales force and distribution partners such as brokers and banks.
Swiss Life Select, Tecis, Horbach, Proventus and Chase de Vere advisors choose suitable products for customers from the market according to the Best Select approach. Swiss Life Asset Managers offers institutional and private investors access to investment and asset management solutions. Swiss Life provides multinational corporations with employee benefits solutions and high net worth individuals with structured life and pensions products.
Swiss Life Holding Ltd, registered in Zurich, was founded in 1857 as Schweizerische Rentenanstalt. The shares of Swiss Life Holding Ltd are listed on the SIX Swiss Exchange (SLHN). The subsidiaries Livit, Corpus Sireo and Mayfair Capital are also part of the Swiss Life Group. The Group employs a workforce of around 8000 and approximately 5000 certified financial advisors.
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