Term Sheet: Schroders’ team expansion, LBBW’s Berlin Hyp acquisition, Bank of America’s office warning

Schroders signals its continued real estate debt ambitions by adding Europa’s credit team; a major M&A deal in the German banking sector closes as LBBW buys Berlin Hyp; Bank of America goes bearish on offices in new research note; and more in today’s briefing, exclusively for our valued subscribers.

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