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LONDON-Aberdeen Property Asset Managers has won the mandate to handle the £180 million ($260 million) Windsor Life property portfolio.

The appointment was made by Windsor’s parent company, Life Assurance Holding Corporation and the portfolio will be run from Aberdeen’s Glasgow office.

This is the first big third-party asset management win for APAM since it was formed earlier this year when Aberdeen Property Investors International Group acquired RREEF Celexa UK The company now has 18 funds under management totalling approximately £4.5 billion ($6.45 billion).

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