Jersey-based corporate services provider Crestbridge has announced the acquisition of Kingfisher Property in London.
With all the necessary regulatory consents having been received from the Financial Conduct Authority, Crestbridge says it is progressing with plans to bring the two firms together.
A full rebranding of the Kingfisher business is planned for later this spring, when the Kingfisher team will relocate to Crestbridge’s London office in Sackville Street.
Real estate specialist Kingfisher provides property finance advisory and dedicated administration services for UK commercial and residential property.
As an FCA-regulated fund operator, trustee and depositary, it provides services to more than 100 UK real estate funds with assets under management.
In a statement, Crestbridge said: "The acquisition strengthens our London-based real estate offering with the introduction of FCA-regulated fund operator, trustee and depositary services; extended AIFMD compliance reporting; and real estate finance advisory services."