CR, the pan-European real estate advisory, asset and investment management company, has signed an agreement with Oxane Partners, a specialised services and solutions firm focused on the real estate and alternative investments markets.
The agreement will see Oxane work in close cooperation with CR to deliver industry systems and technologies to support CR’s expanding asset and loan management functions — since its inception in 2004, CR has advised on the workout and acquisition of more than €30bn of asset and credit positions.
CR has also acquired an undisclosed equity stake in Oxane.
The alliance will enable CR to deliver an increased scale of service to its clients, through the deployment of the combined expertise of the two firms. The cooperation with Oxane will cover work within a number of areas including analytics, reporting and business planning across the asset and loan management functions and will provide further innovation for developing state of the art technology platforms.
Both CR and Oxane will continue to operate their individual client mandates and relationships on a fully independent and segregated basis. In order to best implement the areas of cooperation and joint development, and for the purpose of developing its own centre of technological development and innovation, CR announced it will open an office based in Delhi, India.